Summary
ALLIANCE & Leicester yesterday became the latest bank to beat profit forecasts for 2006, announcing a 7% rise in pre-tax profits to pounds 585m for 2006.
The banking group, which runs much of its commercial banking activities from Bootle, said its core operating profits beat already optimistic City expectations by pounds 5m.See the full content of this document
Extract
Alliance & Leicester Hails 7% Rise in Pre-Tax Profits
A&L said both its business banking and mortgage lending helped drive the growth. The firm saw 24,700 new business accounts opened last ye...
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