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Optimism in UK rising, despite 'disruptive' budget - bank chief
The Herald
|January 28, 2026
OPTIMISM in the UK is beginning to pick up, the boss of FTSE 250 lender Paragon has said, after sentiment was dampened by rampant tax speculation in the second half of 2025.
> Nigel Terrington, chief executive of Paragon
(Darren Quinton BPMSTF)
Nigel Terrington, the boss of Paragon bank, said that despite it being the early days of 2026, the mood was beginning to lift. “Obviously we're only in January but I would say it feels more optimistic”, he said.
It comes as Paragon gave markets a brief snapshot of its first quarter of the financial year, with commercial lending giving the bank a major boost.
This story is from the January 28, 2026 edition of The Herald.
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