VUK 0.00% $4.22 virgin money uk plc

Ann: Increase in legacy PPI costs, page-16

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  1. 4,162 Posts.
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    I wouldn't go as far as saying it was known.

    They had talked about a 100M provision previously and overnight this has now gone up to between 300 - 450M.......that's a massive difference!

    Having said that I think it represents a decent buy at these levels but look away at the next results in Nov.
 
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