Bradford and Bingley sells 23% share

Bradford & Bingley sold nearly a quarter of its business today as it moved to shore up its finances in the face of a sharp downturn in trading.

Bradford and Bingley sells 23% share
Mon, 02 Jun, 2008 - 13:20

Bradford & Bingley sold nearly a quarter of its business today as it moved to shore up its finances in the face of a sharp downturn in trading.

The UK’s biggest buy-to-let lender said full-year profits were set to suffer as more borrowers fall behind with their repayments.

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CourtsBusinessHeathrowPlace: UKPlace: West YorkshirePerson: Steven CrawshawOrganisation: Bradford and BingleyOrganisation: Bradford & BingleyOrganisation: B&BOrganisation: Texas Pacific GroupOrganisation: TPGOrganisation: Halifax Bank of ScotlandOrganisation: Royal Bank of Scotland
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