Alex Massie

Department of Charming Understatement

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James Forsyth looks at Northern Rock's annual report and finds that its opening line is:

"2007 was a difficult and challenging year for Northern Rock"

Indeed so. I do hope that these words were chosen deliberately however. It rather ruins the fun if they weren't.

Written byAlex Massie

Alex Massie is Scotland Editor of The Spectator. He also writes a column for The Times and is a regular contributor to the Scottish Daily Mail, The Scotsman and other publications.

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