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Skipton buys consumer credit business

Skipton Building Society has paid £1.475m for a controlling interest in consumer finance lending company Amber Credit.


It says it has bought Amber Credit to reduce its reliance on the housing market.


Skipton chief executive John Goodfellow says: &#34The latest addition brings the total number of Skipton group subsidiary companies to eight and secures another route for providing additional value to our members.&#34

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