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Direct Line anticipates profits surge at full year

new-paul-geddes

Direct Line expects to report profits of approximately £610m for the year ended 31 December 2017, according to a trading statement.

Direct Line expects to report operating profit of circa £610m, up from £403.5m in 2016, and profit before tax of circa £540m, up from the £353m posted in the prior year.

The boost in operating profit

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