Councils are accused of hoarding MILLIONS of pounds of funding

Councils are accused of hoarding MILLIONS of pounds of funding meant to help care homes cope with coronavirus crisis Councils accused of hoarding money meant to help care homes cope with virus Professor Martin Green said that councils were given £3.2billion for social care The chief executive of Care England said many homes have not … Read more

Donald Trump threatens to permanently pull WHO funding in excoriating letter

Donald Trump late Monday threatened to permanently stop funding of the World Health Organization and reconsider membership of the United States in the body. The president shared a four page letter written to WHO chief Tedros Adhanom Ghebreyesus to Twitter, saying the organization needs to make ‘major substantive improvements within the next 30 days’ for US … Read more

Covid-19 sniffer dogs backed by Camilla and £500million government funding to get us moving again

Bright-eyed and mischievous, Asher the cocker spaniel looks every bit the family pet.  Right now, he’s a little scruffier than normal thanks to a ‘Covid-19 hair cut’ from a loving owner unable to get to the grooming salon during the lockdown. There is no clue at all that Asher could soon be Britain’s secret weapon … Read more

Donald Trump confirms he is considering restoring funding to the WHO

Donald Trump says funding for the WHO remains suspended but confirms he is considering reducing US contribution from $400M to just $40M to match China’s President Trump confirmed on Saturday US is considering ‘numerous concepts’  He said US funding to WHO remains frozen and no final decision has been made Leaked draft letter suggested Trump … Read more

Donald Trump plans to resume US funding for the WHO

Donald Trump is planning to RESUME US funding for the WHO at the same level as China after calling the group a mouthpiece for Beijing, leaked White House letter reveals Leaked draft letter suggests Trump will resume some US funding to the WHO Letter offers to match the funding that China provides to the organization … Read more

Coronavirus: US to get French vaccine first after funding company

Americans will get priority for French drugmaker Sanofi’s coronavirus vaccine because the US rushed to be first to give the company funding for its research back in February, chief executive officer Paul Hudson told Bloomberg.  ‘The US government has the right to the largest pre-order because it’s invested in taking the risk’ by giving Sanofi … Read more

Universities will not be allowed to cram in extra students to plug funding gaps but will get £2.6bn

Universities to get £2.6billion government support package as they are told not squeeze in extra students amid coronavirus cash crisis This will give the Government temporary controls over student numbers  Nearly one in five prospective students have changed their mind about university this autumn because of coronavirus  Universities will be unable to take extra students … Read more

Funding Circle temporarily shuts doors to casual investors

Funding Circle opens its doors to 300,000 businesses after joining loan scheme… but closes them to personal investors who want to help It was approved for the government-backed coronavirus loan scheme on Friday But under the scheme it can’t accept money from retail investors Casual investors made up 23% of the peer-to-peer platform’s funding last … Read more

What next for savings rates? Banks tap into new funding scheme

A Bank of England scheme designed to provide banks with cheap money to lend to small businesses has handed out an enormous £6billion in its first week, official figures reveal. In an announcement which revealed the speed and scale of the economic crisis caused by the coronavirus, the sum pumped into banks in the first … Read more

MARKET REPORT: Sirius Minerals soars on hopes of securing a £2.5bn funding deal 

As crunch time approaches for Sirius Minerals, the fertiliser company boring a massive tunnel underneath the North York Moors, investors have been eagerly snapping up its shares. Sirius is trying to thrash out a financing agreement worth more than £2.5billion with an unnamed major financial institution, which should secure the construction of its Yorkshire polyhalite … Read more