Thursday, March 1, 2007

Hornby justifies HBOS profits

HBOS defends its record profits as 'the economy's fuel'

Andy Hornby, chief executive of HBOS, which operates Halifax, the UK's largest mortgage lender has defended the company against attacks from consumer groups who excused the bank of exploiting its customers. Hornby claimed that HBOS's profits add to the economy, and that 'profit isn't a dirty word'.

Posted by jellycaster @ 08:48 AM (423 views)
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