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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. He has been on the headline for various reasons during the year. The government has sold its shared held with the bank sometimes back.The government decides to release its shares from the bank sometimes back. 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 does not rid the bank from challenges because the bailout from the government is looked at as something that is quite a challenge. As a recovery strategy, the bank had to close some outlets and also to lay off some workers. That was a radical move, but it has brought some improvements as the institution now is saying to be making profits.

The effects and uncertainty that looms around Bretix is not without effect to the British economy. 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. One thing that Antonio finds is that EU is not about to disintegrate anytime soon. It is politically founded to ensure there is peace in Europe. He wishes that the instrument of peace does not disintegrate as there is a lot that is at stake. However the union economies will have to undergo some organizational changes. The UK economy is surprisingly high even after the Brexit The customers went ahead with their usual business as though nothing has happened and thus upheld the entire economy.

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 have to think on the best way to address the skill shortage that is experienced across the entire economy. The economy will have to address the productivity issues and the need to grow in the whole area. The CEO believes that to put the economy back, some effort is needed. Antonio says that there is no other place where he can serve better than the back. All that is important is to focus on areas of growth. He says that the primary focus now is on developing customer trust.