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Evening Standard
Evening Standard
Business
Jonathan Prynn

British banks are boring — that’s how it should be

United Kingdom

The bank reporting season finally caught alight today when investors baulked at the £144 million bad debt provisions made at Virgin Money. Otherwise it has been a dreadfully dull affair.

All the big-name lenders came in with first-quarter profits around or ahead of expectations with little in the way of warnings to frighten the horses about the rest of the year.

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