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Old 06-03-2008, 01:17 AM
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Post B&B issues profit warning, shares suspended

Shares in Bradford & Bingley (B&B) tumbled by 30% this morning after the UK’s biggest mortgage lender, issued a profit warning.It made an £8 million pre-tax loss in the first four months of 2008, compared with £108 million profits the same time last year. B&B said problems with its buy-to-let mortgages as homeowners struggle to [...]

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