Barclays’ high street U-turn exposes a divide in British banking

In Westminster, the news cycle is never short of drama over U-turns. Subtle tweaks or direct bait-and-switches on policy are batted away by government spokespeople  as mere “pivots” as opposed to full 180-degree turns. But away from all the hoo-ha in the Commons, over in the City an abrupt handbrake turn has left skid marks [...]

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