Are banks ripping us off? - 2004-02-26
The record profit generated by Royal Bank of Scotland has reignited the topic over whether Britain's banks are giving customers a raw deal.

Interest payments on mortgages, loans and credit cards swell the banks' coffers. It may seem to many that while Britain drowns in a sea of debt the banks are enjoying their very own goldrush.
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Mortgage bank Abbey declares £686m pre-tax loss - 2004-02-26
Banking group Abbey has declared a £686m ($1.3bn) pre-tax loss in 2003, its second straight year of major losses.

But the UK's second biggest mortgage bank sees hopes for "substantial recovery" in the group's results for 2004, and a cut in its losses.

Investors were unimpressed however and Abbey shares slumped 12%, or 65 pence, to 485 pence.
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