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Paragon’s profits drop but remains confident

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  • Paragon’s profits drop but remains confident

    Buy-to-let lender Paragon has recorded a sharp fall in profits for the first half of the year, but expects a return to market stability in due course.For the six months to the end of March 2008, pre-tax profits fell by 39% to £26.4m. However, this figure includes the costs of a £287m rights issue needed [...]

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