Snap up rivals!21 Mar 2026 09:23
"UK banks should snap up their European rivals"
"Major UK banks should be ready to join in a round of consolidation in European banking. The British economy is stagnant, competition from challenger app-based banks is intense, and the government is determined to tax businesses out of existence. A major takeover of a European bank would put each of them on the global stage, and if they got it right, could power their profits for a decade or more."
"All the major British banks have been racking up huge profits. Lloyds made £6.7 billion last year, a 12% increase on a year earlier; Barclays made more than £9 billion, a 13% rise; while NatWest, now finally fully private again, made £7.7 billion, an increase of more than 24%."
The article is an interesting read folks.
https://moneyweek.com/investments/bank-stocks/uk-banks-should-buy-european-rivals