Banks braced for £10bn hit as customers are weaned off loan payment holidays just as job losses shoot up Lenders have granted payment holidays on loans worth more than £250bn Many of the three-month holidays will come to an end this month Fears are rising of a wave of defaults as customers lose their incomes … Read more
SpaceX’s $10 billion Starlink satellite project recently opened pre-sign ups to the public, by the Federal Communications Commission (FCC) has ‘serious doubts’ the network will meet data transfer requirements. The FCC released a report last week stating that at 95 percent or more of all peak period measurements of network round trip latency must be at … Read more
Taxpayers set to be saddled with £10bn of bad emergency loans as 43% of borrowers say they do not expect to be able to pay them back By Daily Mail City & Finance Reporter Published: 21:51 BST, 21 May 2020 | Updated: 21:51 BST, 21 May 2020 Taxpayers could be saddled with bad loans worth … Read more
Legal & General under pressure to suspend dividend amid estimates it is sitting on £10bn of bond market losses By Daily Mail City & Finance Reporter Published: 22:10 BST, 18 May 2020 | Updated: 22:10 BST, 18 May 2020 Legal & General has come under renewed pressure to suspend its dividend amid estimates it is … Read more