Northern Rock to remain in FTSE indexes, for now

LONDON (Reuters) - Mortgage bank Northern Rock will remain a constituent of stock market indexes such as the FTSE 250 and FTSE All-Share, until further notice, FTSE said on Monday.

FTSE said it would make another statement about "Northern Rock's treatment in FTSE indices once further information regarding the expected timetable of events becomes known".

Britain is moving ahead with plans to nationalise Northern Rock after a five-month crisis in which the government lent Northern Rock around 25 billion pounds to keep the bank afloat while it cast around for private bidders.

Northern Rock shares, which closed at 90 pence on Friday to value the bank at 379 million pounds, were suspended from trading before the market opened on Monday.

(Reporting by Dan Lalor, editing by Will Waterman)