HBOS profits up 19% at £5.71bn

Halifax Bank of Scotland profits soared 19 per cent last year to £5.71 billion.

At an underlying level, profits were higher than City expectations, up 14 per cent to £5.54 billion.

The performance includes a 4 per cent rise in profits at the company’s retail banking arm to £2.36 billion.

HBOS profits up 19% at £5.71bn – News – channel4.com

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