Financial Times FT.com

Northern Rock nationalisation

Northern Rock rivals hit at aid package

By Nikki Tait in Brussels and George Parker in London

Published: July 4 2008 20:52 | Last updated: July 4 2008 20:52

Competitors and former investors in Northern Rock have filed a stream of complaints with European antitrust regulators, who are looking into the legality of the government’s restructuring aid package for the stricken mortgage lender.

The European Commission had asked for comments from third parties on the proposed restructuring to be submitted by Thursday night.

You have viewed your allowance of free articles. If you wish to view more, click the button below.

Read this