View more on these topics

Exeter sees profits rise 35 per cent

Exeter Investment Group is celebrating a 35 per cent increase in consolidated pre-tax profits for 1998 which reached a record £1.62m.


Earnings per share are up from 8.48p to 11.52p bringing the total dividend for the year to 6.5p per ordinary share compared to 4.4p in 1997.


The total pre-tax profit for the year is £2.05m and a sum of £783,000 including net earnings from exceptional revenues has been taken to reserves.

Recommended

Canada Life new business up by 76 per cent in Q3

Canada Life saw new business increase by 76 per cent in the nine months to the end of September.The life office says it is now conducting 62 per cent of its new business in the UK through IFAs.Excluding Pep&#39s and unit trusts IFA business has soared to 75 per cent mainly due to the increased […]

C&G cuts rates

Cheltenham & Gloucester says it is trying to ease consumer fears about recession by dropping its variable mortgage base rate to 8.2 per cent.Following the Bank of England&#39s base rate decrease last week C&G&#39s new rate will be effective from November 10 for new applicants and December 1 for established borrowers.Managing director Roger Burden says: […]

Small businesses lose out by not shopping around for interest

Smaller businesses are losing £3.3bn a year in unearned interest on savings, according to research by Standard Life Bank.Its research reveals businesses in the small to medium size enterprises sector have an average of £33,000 on deposit at any one time. But traditional banks and building societies offer interest rates of only 4.5 per cent. […]

Norwich & Peterborough wins positive press coverage

Norwich & Peterborough is celebrating its position as number one building society in terms of favourable press coverage in a quarterly survey taken by PressWatch.The building society came fifteenth out of the 1,197 UK companies surveyed and says its success is due to its excellent product-dominated score.The company won media plaudits for its green mortgages, […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment