Midshires profits rise by 22%
Your support helps us to tell the story
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.
At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.
Your support makes all the difference.BIRMINGHAM MIDSHIRES, the building society set for takeover by the Halifax, has seen underlying profits rise by 22 per cent for the first half of 1998.
Strong mortgage business - gross lending rose by 24 per cent - boosted profits, but savings receipts fell by 40 per cent as last year's rush to join the society slowed. The society's 1 million members will receive windfall details by autumn and will vote on the Halifax bid on 11 December.
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies
Comments