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Money:

What is the true cost of the UK state pension?

To get a sense of the true value of the state pension, you can look at how much you would need to save to match it yourself

Virgin Money's Q1 mortgage lending jumps to 2.1 bln stg

Reuters - UK Focus

LONDON, May 4 (Reuters) - British challenger bank Virgin Money Holdings Plc said gross mortgage lending jumped 30 percent to 2.1 billion pounds in the first quarter, winning a 3.4 percent share of the UK mortgage market.

The bank, which listed on London's main market in 2014, said it expected gross lending volumes to increase year-on-year in 2016 and expected to achieve a net interest margin of about 160 basis points for 2016. (Reporting by Noor Zainab Hussain, editing by Sinead Cruise)