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  • Virgin Favourite To Take Over Newcastle’s Northern Rock
    Virgin Favourite to Take Over Newcastle’s Northern Rock

    According to news reports, the Treasury has told the consortium led by Richard Branson’s Virgin group that they are favourites to take over Northern Rock

    However, they have advised the Virgin group to improve the terms of its rescue plan in order to make it a more attractive proposition for taxpayers
  • Government Give Ł2.5 Million To The Wrong Newcastle
    The government has been criticized after wrongly awarding Ł25 million to the wrong Newcastle
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