Lloyds sees profits rise and dismiss Brexit fears
Britain’s Lloyds Banking Group shrugged off fears of a chaotic, no-deal Brexit
The bank’s finance chief George Culmer told reporters on Thursday that Lloyds remains hopeful that the two sides can secure a deal before Brexit day in March 2019, when the UK will undergo its biggest policy shift in four decades.
“There is great uncertainty out there, but our continued expectation is for some sort of withdrawal agreement going forward,” Culmer said, adding that 97 percent of the bank’s business is UK-focused.
Published: by Radio NewsHub