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Professor Peter Hahn appears on BBC News at Six

29 July, 2016

Dr Peter Hahn, Henry Grunfeld Professor of Banking, appeared on BBC One’s flagship Six o’clock news programme to discuss the on-going fallout from Brexit and the announcement of 400 branch closures by Lloyds

Discussing the effects of changing technology and different banking needs by consumers, Peter explained how there is less confidence in the economy, which is likely to lead to reduced investment and demand for money from banks and a scenario where the Bank of England lowers interest rates that will lower the profits of UK banks.

To see the interview in full, follow this link to the BBC website and watch from 11:50.