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Antonio Horta Osorio talks on Bretix and Uk economy.

Antonio is the CEO of the largest retail bank in the UK. Many are the times when the CEO has been on the headline speaking about various issues about the bank in the year. The government sold its shares sometimes back from the bank. That affected the bank financially and entered into crisis. The CEO had to look for support from the government making once again making it own forty-three percent of the bank. Currently the bank is making profits and heading in the right direction. Antonio became the head of the bank in 2011. That has seen the bank turn around into fortunes gain. That is not to say that they are enjoying challenge free zone as the government bailout is viewed as a huge commitment. To enable to the bank to make some recovery moves, it has to shut down some branches and stop a number of its employees. That was a radical move, but it has brought some improvements as the institution now is saying to be making profits.

The change and the effects of Brexit is a major factor in the economy of UK. The bank believes its relationship with clients will go a long way in improving its performance. In that line what the CEO is focusing on is to propel the bank in developing a multichannel experience with the customers. The CEO said something about Brexit and banking. The CEO does not see the possibility of the EU crumbling in the near future. It is seen as a political tool to move peace across Europe. He wishes that the instrument of peace does not disintegrate as there is a lot that is at stake. What is important is the union members’ economy to suffer some structural reorganization. The UK economy has amazingly portrayed some stability even after Brexit Most of the consumers continue as though nothing much has happened to make the economy to appear very healthy.

The economy recovery shows some reassuring signs of its growth. The business will have to be reassured as far as the regulatory and legal activities are concerned if they are to do well. The UK economy will also need to address the shortage of skills that exist across the economy. The economy will have to address the productivity issues and the need to grow in the whole area. There is a lot that needs to be done if the economy has to become a giant again. Antonio says that there is no other place where he can serve better than the back. He says it is important to focus on where growth can be realized. He says what the bank is doing right now is the increase its customer confidence.