24% fall in profits for HBOS

by David Masters

Story link: 24% fall in profits for HBOS

Halifax Bank of Scotland (HBOS) has announced a 24% decrease in profits for 2007, down to £232 million. The company said that this reflects a £135 million in loss resulting from the UK floods, and wished the emphasise its growing strength in the household business.
Premiums fell by 1% to £1.76 billion whilst the number […]