Banks, insurers and fund managers reported a drop in optimism, CBI survey findsBritain’s financial services sector suffered a drop in profits and a spike in bad debts even before the coronavirus prompted a countrywide lockdown.The latest CBI/PwC financial services survey paints a disappointing picture for the sector, with banks, insurers and fund managers already reporting a drop in optimism over the three months to March – and rising concerns about the Covid-19 pandemic. Continue reading…
Via: UK financial services looked gloomy even before Covid-19 crisis
Categories: English News