UK bank gets emergency support
Friday, September 14, 2007 Customers queue outside the branch in Golders Green, London. Photo: Alex Gunningham British bank Northern Rock received emergency loans from the Bank of England yesterday, as it felt the effects of the financial crisis originating in the U.S. subprime mortgage market. Queues formed outside branches as many customers sought to withdraw their savings, and shares fell heavily. Northern Rock, based in Newcastle, is one of the