NatWest CEO on Adopting Precautionary Measures as Economic Outlook Worsens

The video discusses the resilience of default rates and customer performance amidst economic challenges. Despite a worsening economic outlook, default rates remain low, and customers manage their finances well. The speaker emphasizes a cautious approach by increasing impairment charges, although no significant default cycle is expected. The forecast for impairments remains stable, with a focus on maintaining resilience in customer performance.

What does the speaker indicate about the future expectations regarding impairments?

What concerns do people have regarding the economic outlook as mentioned in the text?