UK Banks Prepping for Power Blackouts as Winter Energy Crisis Looms

UK Banks Prepping for Power Blackouts as Winter Energy Crisis Looms
The Bank of England and the City of London financial district in London, on Nov. 5, 2020. John Sibley/Reuters
Katabella Roberts
Updated:

Banks in the United Kingdom are preparing to again roll out lockdown plans used during the COVID-19 pandemic in an effort to stave off potential power shortages this winter amid an energy crisis.

A number of banks, lenders, building societies, and branch officers of overseas banks have been holding regular joint discussions and reexamining policies, such as encouraging employees to work from home, according to the trade body UK Finance, which is coordinating the discussions.

Katabella Roberts
Katabella Roberts
Author
Katabella Roberts is a news writer for The Epoch Times, focusing primarily on the United States, world, and business news.
Related Topics