FTSE 250: 19,437.78, up 0.80% at 15:30 GMT.

virgin money Shares rose as the bank reported a 43% rise in full-year profits, driven by higher interest rates, and announced it would extend its share buyback by £50m.

The bank said profit before tax rose 43% to £595m, beating analysts’ forecast of £578m. It also posted impairment losses of £52m compared with a £131m loan a year ago.

Shareholders were rewarded with a stock dividend of 7.5 pa and an additional share buyback on top of the announced £75m…

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