BBC1, Sunday 22 February 1981

Page 125 TimeCode 0000


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   P125 CEEFAX 125  Sun 22 Feb  20:22/05
  2/2 
 
 
 COMPANY RESULTS 
                                        
 LLNXDS BANK                            
                                        
 Final: 9.6p, →-ving 17.10p (14.25p)    
 Pre-tax profit: £289.9m (£276.6m)      
 Bad debts provision: £67.8m (£11.2m)   
                                        
 CP-jrman Sir Jeremy Morse says sharp 
 increases in costs and in provisions   
 for bad debts "have marked the turndown
 of the bank profit cycle in Britainb.  
                                        
 On a current cost basis, profits show  
 a small fall on the year at the pre-tax
 level (£164.5m against £169.6m).       
                                        
 Market forecast Around £290m           
                                        
 SHARE PRICE 132 
                                        
Red


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