Treasury ready to drop Northern Rock guarantee - papers

Releasing Northern Rock from the guarantee will be a symbolic break with its turbulent recent past. Full protection has been in place since September 17, 2007, when the Chancellor was forced to step in to halt a run on the bank. The Treasury is expected to drop the guarantee before Northern Rock's annual results on March 10. Read more  BRITAIN's trade deficit soared unexpectedly in December, official figures showed yesterday, as new fears emerged about the country's credit rating, reports The Times. The trade-in-goods gap ballooned to £7.3bn, up from £6.8bn in November, as imports...