Rock Looks to Growth As Profits Rise by 14pc

The JournalJuly 21, 2004

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Summary


Northern Rock is eyeing up acquisitions in its bid to become one of the top six mortgage lenders in the UK after reporting a 14pc rise in half-year profits.

The Newcastle-based bank has also pledged to boost its North- East workforce by up to 700 a year as it pursues its ambitious growth plan.

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Rock Looks to Growth As Profits Rise by 14pc

And despite the anticipated slowdown in the housing market, the Rock says it is "comfortable" about achieving forecasted full-year profits o...

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