Mortgage debts and bust firms put UK banks’ profits under pressure
TheGuardian
OCTOBER 21, 2023
With the big lenders reporting their results this week, investors are trying to stay optimistic and hoping there will be no more crises UK banks will be hoping there are no fresh crises around the corner as they prepare to reveal third-quarter profits this week. It follows a turbulent period for the sector, which started in March, shortly before executives disclosed first-quarter results.
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