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Evening Standard
Evening Standard
Business
Anna Wise

Metro Bank returns to profitability after cutting 30% of workforce

Metro Bank has returned to profitability after overhauling its costs (Tim Goode/PA) - (PA Wire)

Metro Bank has returned to profitability after overhauling its costs by slashing the number of staff and selling a portion of its mortgage book.

The lender, which secured a multimillion-pound rescue deal in 2023, said it had been a “pivotal” year.

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