Back in the Black ; Inbrief

Summary


THE state-owned company that runs nationalised Northern Rock Asset Management and Bradford & Bingley today said both companies returned to profit last year.

UK Asset Resolution said Northern Rock Asset management - spun- off from the so-called "good" part of nationalised Northern Rock last year - made underlying profits of pounds 277.4m in 2010, compared with a pounds 313.4m loss the year before.

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Extract


Back in the Black ; Inbrief

Bradford & Bingley mad...

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