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Evening Standard
Evening Standard
Henry Saker-Clark

TSB posts stronger profits despite ‘challenging’ mortgage market

TSB profits grew by more than 22% in 2024 (Aaron Chown/PA) - (PA Archive)

High street lender TSB has revealed a jump in profits for the past year, despite facing a “challenging mortgage market”.

The Spanish-owned bank recorded a pre-tax profit of £290.4 million for 2024, up 22.4% on the previous year.

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