N Brown stock slumps 10% as PPI claims spike

(Reuters) - Shares in N Brown fell as much as 10% after the fashion retailer said it would set aside another 20-30 million pounds in provisions relating to the mis-selling of payment protection insurance as it saw 10 times the average volumes of claims in August.The company said its full-year net debt is expected to be in the range of 460 million pounds to 490 million pounds, up from a prior forecast of 440 million pounds to 460 million pounds.A surge in claims leading up to the Aug.29 deadline..