- Increased loan loss provisioning charge
- A 10 per cent cut in the annual dividend
Within S&U’s (SUS) full-year review, its chairman Anthony Coombs ventured that the challenges faced by the motor and property finance group were neatly summed up by one of ancient Rome’s “five good emperors”, Marcus Aurelius, who stated that “sometimes the art of living is more like wrestling than dancing”. Coombs might well have substituted the observation of the emperor Augustus who maintained that anyone in search of a rainbow had “to deal with the rain”.