N Brown stock slumps 10% as PPI claims spike
11 Sep N Brown stock slumps 10% as PPI claims spike
Posted at 07:13h
in
News
by KMFSLLP
Shares in N Brown fell as much
as 10% after the fashion retailer said it would set aside
another 20-30 million pounds in provisions relating to the
mis-selling of payment protection insurance as it saw 10 times
the average volumes of claims in August.
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