Britain's biggest Internet bank Egg has beaten market forecasts for third-quarter profits at its core operation, and says it remains upbeat despite seeing group losses widen.
Egg, 79-per cent owned by insurer Prudential, said today its British business made a third-quarter pre-tax profit of £9.4 million, up from £4.6 million in the second quarter.
Analysts had forecast profits of £6.6 - £7.7 million.