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16 Apr Coronavirus and a bitter harvest for UK farmers

Posted at 15:34h in News by KMFSLLP 0 Comments

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With produce left rotting in fields and shelves empty, urgent help is needed to build food security

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16 Apr UPDATE 1-BoE’s Bailey orders banks to “put their backs into it” on COVID-19 loans

Posted at 14:45h in News by KMFSLLP 0 Comments

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Bank of England Governor Andrew Bailey told Britain's banks to speed up lending to companies as the coronavirus crisis threatens to deliver a historic blow to the economy, urging them to "put their back into it and get on with it".

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16 Apr Canadian banks have processed 670,000 mortgage deferrals in first month

Posted at 14:34h in News by KMFSLLP 0 Comments

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Canadian banks processed more than 670,000 mortgage deferrals or skip-a-payments in the month since the measure was announced to help consumers weather the economic hit from the COVID-19 outbreak, the Canadian Bankers Association said on Friday.

16 Apr Bailey backs view of big UK economic downturn

Posted at 14:33h in News by KMFSLLP 0 Comments

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Bank of England endorses fiscal watchdog’s estimate of 35% plunge in output since coronavirus crisis

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16 Apr UPDATE 1-Some life insurers hit pause on older Americans during coronavirus crisis

Posted at 14:32h in News by KMFSLLP 0 Comments

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Some U.S. life insurers are deciding not to gamble on older Americans during the coronavirus crisis by temporarily suspending applications from certain age groups or imposing tougher requirements.

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16 Apr Coronavirus support urged for UK owner-directors paid in dividends

Posted at 14:15h in News by KMFSLLP 0 Comments

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IoD says many business operators have been left with ‘little income support’

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16 Apr BoE’s Bailey tells banks to “put their back into it” on COVID-19 loans

Posted at 14:00h in News by KMFSLLP 0 Comments

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Bank of England Governor Andrew Bailey called on Britain's banks to speed up the pace of getting state-backed loans to companies that are struggling to survive the coronavirus crisis, saying they must "put their back into it and get on with it."

16 Apr UPDATE 2-UK property agent Foxtons taps markets for additional cash, furloughs employees

Posted at 13:49h in News by KMFSLLP 0 Comments

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* Shares surge 15.9% to 44.5 pence (Adds details on share sale, shares)

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16 Apr Fed’s Mester says economic reopening has to be done carefully, in stages

Posted at 13:40h in News by KMFSLLP 0 Comments

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Cleveland Federal Reserve Bank President Loretta Mester said the central bank is working to support market functioning and to shore up businesses so they can resume activity quickly when the economy reopens.

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16 Apr Some life insurers hit pause on older Americans during coronavirus crisis

Posted at 13:35h in News by KMFSLLP 0 Comments

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Some U.S. life insurers are deciding not to gamble on older Americans during the coronavirus crisis by temporarily suspending applications from certain age groups or imposing tougher requirements.

...

News

16 Apr Coronavirus and a bitter harvest for UK farmers

16 Apr UPDATE 1-BoE’s Bailey orders banks to “put their backs into it” on COVID-19 loans

16 Apr Canadian banks have processed 670,000 mortgage deferrals in first month

16 Apr Bailey backs view of big UK economic downturn

16 Apr UPDATE 1-Some life insurers hit pause on older Americans during coronavirus crisis

16 Apr Coronavirus support urged for UK owner-directors paid in dividends

16 Apr BoE’s Bailey tells banks to “put their back into it” on COVID-19 loans

16 Apr UPDATE 2-UK property agent Foxtons taps markets for additional cash, furloughs employees

16 Apr Fed’s Mester says economic reopening has to be done carefully, in stages

16 Apr Some life insurers hit pause on older Americans during coronavirus crisis

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