Barclays’ coronavirus lending meltdown continues into a second week, leaving cash-strapped businesses in despair By Lucy White For The Daily Mail Published: 22:17 BST, 11 May 2020 | Updated: 08:36 BST, 12 May 2020 Barclays’ coronavirus lending meltdown has continued into its second week, leaving cash-strapped customers in despair. A week after the launch of … Read more
On Friday, she abandoned plans to seek a government bailout to furlough 30 members of staff at her fashion brand following a major backlash. And now Victoria Beckham, 46, and her husband David, 45, risk fresh money fury as a report which alleges they took out a £10 MILLION bank loan to buy their £18 … Read more
British Airways owner IAG secures £900m loan from Spanish government – but it can’t be used to help stricken UK airline which is cutting 12,000 jobs amid coronavirus crisis International Airlines Group has received a £900m loan from the Spanish govt IAG is the parent company of British Airways which is loosing 12,000 jobs The … Read more
Founder of ‘legal loan shark’ Amigo calls a shareholder meeting in bid to oust entire board By Daily Mail City & Finance Reporter Published: 23:38 BST, 28 April 2020 | Updated: 23:38 BST, 28 April 2020 The founder of ‘legal loan shark’ Amigo has called a shareholder meeting to oust the entire board. James Benamor, … Read more
Port Talbot steelworks’ owner Tata Steel seeks £500m loan from UK Government Talks are at an early stage and no agreement is likely to be announced soon Tata Steel’s large customers, such as car makers, have stopped production The manufacturer has also been hit by a rise in raw material costs By Ben Harrington For … Read more
Chancellor considering plans to offer 100% government guarantees on loans to up to 1m of UK’s smallest firms after pressure from Tory MPs and Bank By Daily Mail City & Finance Reporter Published: 21:55 BST, 24 April 2020 | Updated: 21:55 BST, 24 April 2020 The Chancellor is considering plans to offer 100 per cent … Read more
My son has been laid off due to the coronavirus, so he contacted Suzuki Finance to arrange a one-month payment holiday. It agreed to this, but said it will charge him £51 for this month and for any subsequent months for which he may require a payment holiday; these fees will be added at the … Read more
The largest owner of Burger King franchises in United States has suggested it is looking at applying for a government loan meant for small businesses. Carrols Restaurant Group, which boasts a $145 million credit line with Wells Fargo and 1,036 stores, filed with the Securities and Exchange Commission Friday. ‘If necessary, repay indebtedness incurred pursuant … Read more