Andy Tilbrook

The end of the lock-up period after the first blue-chip results earlier in February has yielded some interesting director sells. The banks’ reporting season was punctuated by disappointing takes on the prospects for interest rate-fuelled expansion this year, with a nagging sense that lenders may have seen the best of the margins that the Bank of England’s generosity initiated in the final quarter of 2022. While there are hints that the sector has been talking down its prospects — a reflexive h…