Clydesdale and Yorkshire Bank's lending growth defies Brexit gloom
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(Reuters) - Shares in Clydesdale and Yorkshire Bank owner CYBG Plc surged 14 percent on Wednesday after the British lender lifted its forecast for margin growth and reported a rise in lending in a tight UK mortgage market. The 1.4 percent increase in total loans in October-December, the first quarter of the bank's fiscal year, surprised investors as CYBG had warned in November that Brexit-related concerns were subduing the short-term prospects for homeowners and small businesses who are its main..