
There are no winners from the British government’s decision this week to nationalise Northern Rock, the mortgage lender. There is, however, an embarrassment of losers.
By John Gapper
Published: February 20 2008 18:42 | Last updated: February 20 2008 18:42

There are no winners from the British government’s decision this week to nationalise Northern Rock, the mortgage lender. There is, however, an embarrassment of losers.