Principality building society
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Principality chief Graeme Yorston on the road ahead

The Principality Building Society has unveiled record pre-tax profits of £53.5m.

The society said it had helped 2,300 first-time buyers in 2014, up by 500 on the previous year.

The Cardiff-based Principality is the largest in Wales and the sixth biggest UK-wide, with 53 branches and 18 agencies.

Group chief executive Graeme Yorston speaks to BBC Wales business correspondent Brian Meechan about the road ahead for the society, the housing market and the wider economy.

  • 11 Feb 2015
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