Writedowns threaten deep cut in dividend at Alliance & Leicester - Times Online

Story date: 2008-05-13 03:59:00
Added on: 2008-05-13 22:41:32

More than half a million shareholders in Alliance & Leicester (A&L) are facing a dividend cut of 30 per cent this year, analysts predicted after the bank unveiled £391 million of treasury writedowns. A&L, in a statement before its annual meeting ...


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