@Wigwam it depends how you view it.
99.95% of the shareholders are banks, with 0.05% Law Debenture Trust.
They don’t pay themselves dividends, but it is a private company owned by the banks. So when the private company makes a profit and the private company is owned by banks, where has the profits gone?….to the company owned by banks.
Obviously the banks aren’t doing this out of the goodness of their hearts. If they were, with their buying power (being the largest lease company in the UK), the only lease company protected by inflation (on all vehicles costing your full benefit allowance) and receiving a 20% discount (VAT), the prices to scheme users would be less.
So no, they don’t directly take a profit. But they spend the profit. I don’t have the figures for how much they charge/pay wages to all these various bankers, or how advantageous the donations they make are to themselves….but it’s obviously enough for them to make it worthwhile.