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Old 11-06-2007, 04:35 PM
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Post Alliance & Leicester forced to calm fears

Shares in banks have fallen again and Alliance & Leicester (A&L) has been forced to allay fears that it is heading down the same road as crisis-torn Northern Rock. The sub-prime mortgage crisis in the US is surrounding the entire UK financial sector. There have been worries that the big banks have invested in mortgage-backed [...]

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