‘Something has gone wrong, I am worried’: Ex-Bank of England governor Lord Mervyn King gives stark warning as just 4,200 UK firms get crisis loans compared to 725,000 in America Lord King is ‘worried’ about the Government’s emergency bailout loans system It has seen just 4,200 firms in Britain get the payment out of 300,000 … Read more
Have you, like me, had enough yet? This is the fourth week of school closures and tempers in my household are starting to fray. Not a day seems to go by without me shouting at my 13-year-old daughter to get out of bed, to put her phone down and to tidy up after herself. When … Read more
Bank of England governor Andrew Bailey says he will not order printing money to fund a surge in Government spending amid coronavirus battle Bank of England gov Andrew Bailey: world faces a ‘time of great uncertainty’ But he opposes calls for the BoE to print money simply to help the government Banks helping governments to spend raises … Read more
The boss of Britain’s biggest building society is taking a huge pay cut to show solidarity with staff and customers in the pandemic. Joe Garner, who is chief executive of the Nationwide, is sacrificing around £1.2million in pay, pension and bonus. He is the first boss of a major financial institution to volunteer for a … Read more