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mergers mean leaner, meaner mutuals

Published: 06/12/2009

The Independent on Sunday (Main)

It’s the banks that screwed up but the building societies are now suffering.
 
“If we see the number of societies fall to, say, 10, it won’t be the end of the world, provided that they still remain distinctive in their business practices and don’t try to ape the banks in their lending,” said Andrew Hagger from comparison site Moneynet.co.uk.

 

 

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