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Old 07-05-2009, 11:02 PM
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Post Newcastle Building Society in advanced talks with Skipton

According to The Mail on Sunday, Newcastle Building Society is in advanced talks with Skipton Building Society, which will see further consolidation within the sector.Newcastle BS, which is the country’s 10th biggest building society, has been struggling after a poor performance in 2008 when it reported losses of £35 million as a result of exposure [...]

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