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Abbey aims for wealthy investors

Abbey National is this week launching its new wealth management business called Inscape.

The venture is aimed at the projected 4m people who have at least £50,000 to invest and will be offered over the counter at local branches and on the internet.

The move follows similar ventures by banks such as Credit Suisse who last week launched an internet and banking service aimed at those with a minimum of £30,000 to invest.

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