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(Adds details)LONDON, Aug 10 (Reuters) - British fashion retailer Superdry has agreed a new 70 million pounds ($91.5 million) lending facility to help get it through the coronavirus crisis and traded ahead of its expectations in the latest quarter...
Read moreBy Huw JonesLONDON, Aug 7 (Reuters) - Demand in Britain for corporate credit to survive the COVID-19 pandemic should ease when government-backed loan schemes start winding down later this year, a senior Bank of England official said on Friday.Busi...
Read more* Scottish small firms get proportionally less than pre-crisis* Mid-sized firms in London offered bigger loans than regions* Finance minister Sunak says funds reaching 'every corner of UK'* Graphic: https://tmsnrt.rs/3gAzWHUBy Iain Withers and Sin...
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UK BROKER RATINGS SUMMARY: Liberum Says Buy XP Power, Cuts PageGroup
Read more(Adds more detail)By Huw JonesLONDON, Aug 6 (Reuters) - Britain's banks hold enough capital to keep on lending to the country's companies and also to absorb billions in losses likely to arise due to the COVID-19 pandemic, the Bank of England said....
Read more(Adds more detail)LONDON, Aug 6 (Reuters) - Britain's banks hold enough capital to keep on lending and absorb the losses that are likely to arise due to the COVID-19 pandemic, the Bank of England said on Thursday.Companies could suffer a cash flow...
Read moreLONDON, Aug 6 (Reuters) - Britain's banks hold enough capital to keep on lending and absorb the losses that are likely to arise due to the COVID-19 pandemic, the Bank of England said on Thursday.Companies could suffer a cash flow deficit of up to ...
Read moreUK BROKER RATINGS SUMMARY: Deutsche Bank Raises ITV To Buy From Hold
Read more* Britain's banks expect $22 bln in bad loans* Pandemic, Brexit, interest rates drive underperformance* Cost-cutting likely in face of rising loan lossesBy Iain Withers and Lawrence WhiteLONDON, Aug 5 (Reuters) - Britain's banks took a gloomier view...
Read moreUK BROKER RATINGS SUMMARY: Berenberg Starts Fresnillo At Sell
Read moreLONDON MARKET CLOSE: Manufacturing PMIs Spark Strong Start To August
Read more* European shares rise 1.2% as tech, auto stocks rally* US stock futures up 0.5% on stimulus hopes* Asia ex-Japan dips, Nikkei aided by yen pullback* Caixin China PMI beats forecasts at 52.8* Gold reaches new peak, eyeing $2,000 levelBy Thyagaraju Ad...
Read moreLONDON MARKET MIDDAY: Stocks Reverse Early Losses After Positive PMIs
Read more* European shares open higher as tech stocks rally* US stock futures flat on gridlock over stimulus* Asia ex-Japan dips, Nikkei aided by yen pullback* Caixin China PMI beats forecasts at 52.8* Gold reaches new peak, eyeing $2,000 levelBy Thyagaraju A...
Read moreUK TOP NEWS SUMMARY: HSBC To Accelerate Job Cuts As Profit Slumps
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