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Old 07-30-2010, 03:37 PM
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Post Bradford & Bingley back in the black

Nationalised lender Bradford & Bingley (B&B) today announced it returned to profit in the first half.The bank posted a pre-tax profit of £896 million for the six months to the end of June, after posing a loss of £160 million in the same period a year ago.Meanwhile, operating costs fell from £65 million to £59 [...]

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