False dawn8 Jun 2020 11:00
When released, 2019 results will be poor - they will throw the kitchen sink at provisioning.
2020 is already a disaster and it is too late for recovery . There will be no guidance for year-end numbers post re-structuring costs.
Also, the mis-selling of car finance is likely to be the next PPI. Redress will be targeted at point of sale; ie, car dealerships rather than banks.
Lookers are not alone in this and some will not survive.