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Evening Standard

Business

Holly Williams

EXPLAINED: Close brothers swings to loss on motor finance scandal hit | Rare Historical Photos

Close Brothers

Close Brothers has revealed it swung to a loss after setting aside £165 million in provisions for the motor finance commission scandal.

The lender posted a statutory pre-tax loss of £103.8 million for the six months to January 31, against profits of £87 million a year ago.

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Top stories on inkl right now

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One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Amnesty urges El Salvador to disclose terms of Haiti troop deployment

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