Summary
Northern Rock outlined plans yesterday to increase its branch network by a third within four years as it threw down a challenge to its high street rivals.
The Newcastle-based mortgage bank yesterday posted pre-tax profits of pounds 587.7m ( 16.5% higher than 2005 ( as chief executive Adam Applegarth reportedly targeted a place among the UK's top three banks within five years. It is currently the seventh biggest.See the full content of this document
Extract
Rock Getting Ready to Roll
The record profits ( scrutinised by a Sunday newspaper this week which accused the high street banks of profiteering from interest rate ...
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