Nationwide reports 46% slump in profits

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Nationwide reports 46% slump in profits

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05-26-2010, 09:51 AM

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Nationwide reports 46% slump in profits

Nationwide Building Society has today announced a fall in annual profits.The UK’s largest building society said underlying pre-tax profits fell to £212 million for the year to 4 April, compared with £393 million in the same period a year earlier. The company said it expects the “lower levels of profitability” experienced in the last 18 [...]

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