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Nationwide Anglia to cut branches

Language: English Series: Financial Times ; 29/9/89 p20 | Times ; 5/1/89 p25(2)Publication details: 1989Subject(s): Summary: Three of Britain`s main building societies have announced results . Halifax , the largest managed a 6.5% increase in half yearly profits despite a sluggish housing market . Nationwide Anglia , the second largest is to close more than 150 of its 883 branches and shed 400 jobs due to losses on estate agency . Leeds Permanent , fifth largest, is closing 60 of 481 branches and the future of its 145 estate agency chain, Property Leeds is in the balance.

Three of Britain`s main building societies have announced results . Halifax , the largest managed a 6.5% increase in half yearly profits despite a sluggish housing market . Nationwide Anglia , the second largest is to close more than 150 of its 883 branches and shed 400 jobs due to losses on estate agency . Leeds Permanent , fifth largest, is closing 60 of 481 branches and the future of its 145 estate agency chain, Property Leeds is in the balance.