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TSB in first-quarter profts surge
May 09, 2025
|The Journal
HIGH street bank TSB has seen first-quarter profits nearly double thanks to cost-cutting and as mortgage lending surged amid a rush of house sales ahead of last month's stamp duty deadline.
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The lender owned by Spanish bank Sabadell posted pre-tax profits of £101.3m for the first quarter, up from £53.4m a year ago, as operating costs fell 4.7% on efforts to make savings and “further simplify the business”.
هذه القصة من طبعة May 09, 2025 من The Journal.
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