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Virgin Money profits up but still sees tough second half

Published by Frank Prenesti on 13th June 2024

(Sharecast News) - Virgin Money, set to be taken over by Nationwide in a £2.9bn deal, on Thursday posted an 18% jump in interim profit as it continued to benefit from higher interest rates and a lower bad debt charge, but reiterated it expected headwinds in the second half of the year.

URL: http://www.digitallook.com/dl/news/story/34358787/...

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