Abbey National to float

Title

Abbey National to float

Genre

Interview

TX Date

15 Jun 1989

Year of production

1989

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Duration

00:03:11

Description

Five million Abbey National investors are to get £130 worth of free shares next month as the building society is launching itself on the stock market. The free shares go to nearly every saver and borrower, and they’ll get the chance to buy extra shares. Graham Sidwell asked chief executive Peter Birch about the share price announced today and the future for Abbey National.

Contributors

Graham Sidwell; Peter Birch

Keywords

Economics; Building societies; Banking; Share dealing; Financial markets; Abbey National

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