Sainsbury’s considering a number of offers for its £1.9bn mortgage book as it looks to quit the home loans market.
The supermarket giant is running the role over offers from bidders including Lloyds Banking Group, according to Sky News.
However, other large lenders including Royal Bank of Scotland and Santander UK have not put forward proposals.
Please sign in now if you have a subscription or are already registered with us.
Retail-Week.com provides premium, in-depth intelligence that helps retailers judge risks, spot opportunities and identify what they need to do to win in the digital economy.
Register today for a taste of our high-quality intelligence and enjoy:
Discover Retail Week register now
Please note, if you have recently purchased a subscription, it may take a few moments before your account is updated.