Will Sainsbury’s supermarket bank bounce back after £21m loss?
The banking arm of Britain’s second-largest supermarket chain delivered a rotten set of results on Wednesday as it revealed a £48million profit in 2019-20 turned into a loss of £21million. In an announcement which contained a basketful of bad news, Sainsbury’s Bank revealed its income fell 23 per cent to £341million, deposits fell 19 per … Read more