Major UK banks have revealed the true extent of the coronavirus pandemic on the banking industry as they issue their reports. Leading banks such as NatWest, Barclays and HSBC have all reported loss in income and the need to set aside major figures. NatWest Group have announced they have set aside another £2.1billion in order…
Major bank Barclays have revealed the true extent of how coronavirus has impacted their business. The bank revealed that they set aside £3.7 billion in the first half of the year in order to cover loan losses as the pandemic impacted customers and businesses across the country. Barclay’s diversified its business model as a key…
When the UK (and most of the world) went into lockdown back in March, none of us knew how long it would be for or what the future looked like. The coronavirus pandemic has changed the world as we know it and we’re all facing the prospect of a ‘new normal’ for months or even…