Bank of England boss: Loans need to be sorted out
Andrew Bailey questioned whether the coronavirus business interruption loan scheme is too complex.
Coronavirus: Salary subsidy scheme extended into June
The government will extend its policy of paying salaries of furloughed staff by another month.
Coronavirus: JLR uses its 3D printers to make visors
The car giant plans to ramp up production to 5,000 visors a day as the UK struggles to source PPE.
Coronavirus: Freeze on pawn, payday and car loan payments
The Financial Conduct Authority is seeking delays for people struggling amid the Covid-19 lockdown.
Coronavirus: ‘We could end up with no business or savings’
People who run small limited companies say they are unfairly missing out on government support.
Foxtons: Estate agent cuts pay for high earners
The London-focused estate agent has also furloughed 750 staff because of the Covid-19 pandemic.
EU helps protect weak firms from foreign takeovers
Brussels beefs up powers for countries to block foreign takeovers of firms hit by the virus downturn.
China’s virus-hit economy shrinks for first time in decades
Its economy shrank 6.8% in the first three months of 2020 as it battled the virus and lockdowns
China GDP: Bleak outlook for economic recovery post-virus
China’s gloomy economic numbers are a grim warning to the rest of the world still in lockdown.
Coronavirus: Treasury backs loans to bigger businesses
Companies with a turnover of more than £500m will now be eligible for government support.
