UK Banks (BARC.L, LLOY.L) Set For Profit Growth As Iran War Clouds Outlook For Bad Loans
UK banks are expected to report strong first-half profits this week, even as the ongoing Iran war raises fresh concerns about household finances and loan defaults. Barclays (BARC.L), Lloyds Banking Group (LLOY.L), and NatWest are all scheduled to release their half-year results on Tuesday, Thursday, and Friday respectively. Experts broadly anticipate that all three lenders…