Bank of England tells lenders to ‘get on with’ Covid-19 business loans

  • 📰 The Guardian
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 53%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Andrew Bailey says ‘livelihoods are at stake’ as figures show only £1.1bn lent to small firms

The Bank of England governor, Andrew Bailey, has told Britain’s high street lenders that they must “put their backs into” providing loans for companies affected by Covid-19 amid evidence that many will fail without urgent help.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 84. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

In two years the Banks will “own” the World.

England should just create a national bank. so should USA. just take the actions you want and stop begging private groups to do it

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

UK coronavirus live: help for England's fishing industry as Covid-19 bitesEngland’s fishermen thrown ‘lifeline’ by the government, after Dominic Raab announced lockdown measures will be extended by three weeks coronavirus 10 Times more deadly than the 2009 SwineFlu pandemic... WHO WorldHealthOrganization COVID19 I thought the guardian hated fisherman as they wanted brexit and are therefore waycist? No, don’t thank us, see it as a down payment for next January.
Source: The Guardian - 🏆 84. / 53 Read more »

US jobless claims to surge again as Covid-19 downturn deepens - business liveRolling coverage of the latest economic and financial news, as markets brace for another huge jump in America’s unemployment total That's why the web is being flooded with stupid conspiracy theories (I just lost another friend to this sickness) and the GOP is now pointing at China with the help of the Fox Propaganda Network. winning
Source: The Guardian - 🏆 84. / 53 Read more »