Britain’s banks preparing for loans worth billions of pounds to turn sour as firms fall apart due to coronavirus crisis By Lucy White For The Daily Mail Published: 21:55 BST, 19 April 2020 | Updated: 21:55 BST, 19 April 2020 Britain’s banks are preparing for loans worth billions of pounds to turn sour as firms … Read more
Some of America’s largest banks set aside £20bn to cover cost of loans turning sour in coronavirus slump By Daily Mail City & Finance Reporter Published: 22:06 BST, 15 April 2020 | Updated: 22:36 BST, 15 April 2020 Some of America’s largest banks have set aside £20 billion to cover the cost of loans turning … Read more
Majestic Wine shares sour as booze seller swings to a loss amid plans to sell off its 200 UK stores Majestic Wine shares sunk by more than 8 per cent this afternoon to £2.90 The wine giant reported a £8.5m full-year loss, down from £8.3m profit last year Boss put the loss down to greater … Read more