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Uk Tells Banks To Keep Lending Through Coronavirus - Latest News


UK Says Banks Must Not Refuse Funds to Good Firms in Trouble Over Coronavirus

Last week, anxious business-owners flooded social media with complaints about restrictions on access to the government's Coronavirus ... written to bank chiefs to tell them to keep lending and ... read more

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UK tells banks to keep lending through coronavirus crisis

This will require a willingness to maintain and extend lending despite the uncertain economic conditions. We must ensure that firms whose business models were viable before this crisis remain viable ... read more

UK tells its banks: Keep lending to businesses through the Covid-19 crisis

British banks must keep lending to businesses through the coronavirus crisis to ensure viable companies ... urged them to support the UK economy. “This will require a willingness to maintain and ... read more

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Business Secretary Alok Sharma tells bailed-out banks to 'repay the favour' after they 'unfairly refuse' to give loans to coronavirus-hit small firms putting a million at risk ...

The government previously set out the terms of a bailout for businesses to allow them to access money in order to stay afloat. read more


UK government and Bank of England tell banks to keep lending

British banks must keep lending to businesses through the coronavirus crisis to ensure that previously viable companies do not fail, the government and Bank of England said on Wednesday. In a joint ... read more

City watchdog tells UK lenders to help hard-up consumers hit by coronavirus

The package represents the latest move to try to keep small ... with them through this unprecedented time.” The High Street bank pre-empted the FCA move to offer credit card holidays and interest-free ... read more

UK Authorities Tell Banks To Keep On Lending Amid Outbreak

Law360, London (March 25, 2020, 4:55 PM GMT) -- The U.K. government and financial authorities have told British banks that they must continue to lend to businesses and consumers to keep ... read more

Coronavirus Live Updates: White House Debates How Far to Go on Face Mask Guidelines

President Trump lashed out at Congressional Democrats for announcing an oversight committee to monitor the virus response. Nearly 10 million Americans have lost their jobs. Critical medicines are ... read more

Coronavirus: Banks bow to pressure and axe shareholder payments

Some of the UK's biggest banks have agreed to scrap dividend payments and hold onto the cash, which may be needed during the coronavirus crisis. The Bank of England welcomed the decision to suspend ... read more

Coronavirus: What corporate treasurers need from their banks

Corporate treasurers are doing everything they can to keep businesses running as smoothly as possible during these challenging times. How do their relationships with bank partners hold up in ... read more

Coronavirus latest news: Number of cases worldwide tops 1 million as UK death toll surges by another 569

In the UK, the number ... on some of its loans and financial obligations due to the coronavirus pandemic, the New York Times reported. Some Trump golf courses and hotels have temporarily closed amid ... read more

UK tells banks to keep lending through coronavirus

British banks must keep lending to businesses through the coronavirus crisis to ensure viable companies do not fail, the government and Bank of England said on ... read more



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