Emergency loan scheme has already lent £10.8bn to 35 of the biggest firms, says Bank of England chief By Ruth Sunderland for the Daily Mail Published: 23:13 BST, 21 April 2020 | Updated: 23:13 BST, 21 April 2020 A Bank of England scheme set up to help larger companies with emergency loans has already dispensed … Read more
The governor of the Bank of England today issues a stark warning that Britain should be cautious about lifting the coronavirus lockdown too early. In his first interview since taking the top job, Andrew Bailey told the Daily Mail that a premature end to the restrictions could cause a severe loss of confidence and inflict … Read more
Economy ‘will remain weak after lockdown is lifted’, warns Bank of England By Daily Mail City & Finance Reporter Published: 21:50 BST, 20 April 2020 | Updated: 21:50 BST, 20 April 2020 The Bank of England has cautioned that even if the Covid-19 lockdown is lifted the economy will remain weak. Deputy governor Ben Broadbent … Read more
Metro Bank froze my business account without explanation and won’t tell me when it plans to give me back access. I have been unable to use the account for more than four months. I contacted the Financial Ombudsman Service, which has so far failed to look into my case. I discovered the problem when direct … Read more