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B&B shares rocket after rejection of Cowdery's proposal

Shares in Bradford & Bingley soared 17.1% yesterday despite the board's rejection of a £400m restructuring plan from Clive Cowdery's investment vehicle Resolution.

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TIM SHARP

Shares in Bradford & Bingley soared 17.1% yesterday despite the board's rejection of a £400m restructuring plan from Clive Cowdery's investment vehicle Resolution.