News on Alliance and Leicester
This page contains news published by reputable online news sources about the mortgage lender Alliance and Leicester.
Bank
A&L grabs mortgage share, but margins hit
Published: 27 Feb 2006 (business.scotsman.com)
Bank Alliance & Leicester posted a slim rise in 2005 profits on
Monday as it drove through cost cuts and took more of the UK mortgage
market, but it won the business at much lower margin.
Alliance
& Leicester profits slip
Published: 27 Feb 2006 (sharecast.com)
UK mortgage lender Alliance & Leicester saw a decline in profits
over the last year but managed to deliver a record performance in mortgage
lending.
Bad
debts cloud elation at A&L mortgage boom
Published: 26 February 2006 (thebusinessonline.com)
DESPITE continued fears over the health of the UK consumer, the mortgage
market has held up surprisingly well and banks exposed to this market
are reaping the benefit, as illustrated by the all-time high registered
by Alliance & Leicester shares in the past week.