Abbey National profits up 16% to £558m but 130 branches close in N&P merger
Interim pre-tax profits at Abbey National rose 16% to £558m, chairman Lord Tugendhat announced. The building society merged with National & Provincial (N&P) on Monday. About 130 former N&P branches have closed in a restructure costing £50m.
- The Daily Telegraph 8/8/96 page 20, page 21 (City Comment), page 25 (Questor)
- Financial Times 8/8/96 page 20
- The Times 8/8/96 page 23, page 26 (Tempus)
- The Independent 8/8/96 page 16
- The Guardian 8/8/96 page 18
Interim pre-tax profits at Abbey National rose 16% to £558m, chairman Lord Tugendhat announced. The building society merged with National & Provincial (N&P) on Monday. About 130 former N&P branches have closed in a restructure costing £50m.
The Daily Telegraph 8/8/96 page 20, page 21 (City Comment), page 25 (Questor)
Financial Times 8/8/96 page 20
The Times 8/8/96 page 23, page 26 (Tempus)
The Independent 8/8/96 page 16
The Guardian 8/8/96 page 18
