Fury Over Banks' Pounds 30bn Bonanza ; Pounds 3m in Profits Every Hour for Big Five Lenders

Summary

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RECORD profits of more than Pounds 30 billion are expected to be unveiled by the Big Five High Street banks over the next six weeks.

The massive bonanza is likely to spark outrage among consumer groups and politicians who have regularly slammed lenders for their uncaring attitude towards current account holders.

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Extract

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Fury Over Banks' Pounds 30bn Bonanza ; Pounds 3m in Profits Every Hour for Big Five Lenders

Collectively, the big banks' profits are thought to have soared by 16 per c...

See the full content of this document

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