Northern Rock is to shut 29 of its UK branches – 25% of the total.
It will also sell the Regency Care Homes business to NHP.
The former building society will open a call centre in Doxford, Sunderland. It plans to move into telephone and internet banking.
Financial Times 16/11/99 page 34
The Daily Telegraph 16/11/99 page 35
The Times 16/11/99 page 33, page 34 (Tempus)
The Independent 16/11/99 page 20
The Guardian 16/11/99 page 22
