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Shawbrook invests in digital growth as profits dip 3% - East Midlands Business Link

Summary by East Midlands Business Link
Shawbrook Group reported a 3% decline in underlying pre-tax profits to £294 million in 2024, citing significant investment in digital and data infrastructure to support long-term expansion. Despite the drop, profitability improved in the second half of the year. The specialist lender’s loan book grew 16% to £15.2 billion, driven by strong demand from commercial […]
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East Midlands Business LinkEast Midlands Business Link

Shawbrook invests in digital growth as profits dip 3% - East Midlands Business Link

Shawbrook Group reported a 3% decline in underlying pre-tax profits to £294 million in 2024, citing significant investment in digital and data infrastructure to support long-term expansion. Despite the drop, profitability improved in the second half of the year. The specialist lender’s loan book grew 16% to £15.2 billion, driven by strong demand from commercial […]

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East Midlands Business Link broke the news in on Friday, March 28, 2025.
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