Bank Accused Over Farepak Collapse Eyes Pounds 5.5bn Profit

Summary

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THE bank accused of ruining Christmas for thousands of Farepak customers is looking at a profit of more than Pounds 5billion this year.

Halifax Bank of Scotland, Britain's biggest mortgage lender and fifth largest bank, announced yesterday that it expects to make around Pounds 5.5billion up Pounds 700million in a year.

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Extract

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Bank Accused Over Farepak Collapse Eyes Pounds 5.5bn Profit

But the announcement comes on the eve of a Christmas ruined for 150,000 families by the collapse of the Farepak hamper fi...

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