UK Banks Face Declining Profits as Interest Rate Cuts Remain Uncertain on Nostr: UK Banks Face Declining Profits as Interest Rate Cuts Remain Uncertain ...
UK Banks Face Declining Profits as Interest Rate Cuts Remain Uncertain
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#c751eee6 ver:0.17
UK banks face declining profits as interest rate cuts remain uncertain. Barclays plans a £2bn cost-cutting drive and aims to return £10bn to shareholders. Vanquis Banking Group reports a loss but aims for modest lending growth. Lloyd's of London reports a significant profit turnaround. NatWest sees a 27% decline in profits due to increasing competition. Uncertainty over interest rate cuts could impact margins, but recent concerns over the US economy and UK inflation may change expectations. #UKbanks #profits #interestrates...
#newstr #UkBanks #InterestRates #Profits #Natwest
https://here.news/story/c751eee6?ver=0.17
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#c751eee6 ver:0.17
UK banks face declining profits as interest rate cuts remain uncertain. Barclays plans a £2bn cost-cutting drive and aims to return £10bn to shareholders. Vanquis Banking Group reports a loss but aims for modest lending growth. Lloyd's of London reports a significant profit turnaround. NatWest sees a 27% decline in profits due to increasing competition. Uncertainty over interest rate cuts could impact margins, but recent concerns over the US economy and UK inflation may change expectations. #UKbanks #profits #interestrates...
#newstr #UkBanks #InterestRates #Profits #Natwest
https://here.news/story/c751eee6?ver=0.17