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(Adds reaction)By Sinead Cruise and Huw JonesLONDON, April 2 (Reuters) - British consumers will receive a three-month freeze on loan and credit card payments to weather the coronavirus epidemic, under plans outlined by the country's financial regu...
Read more(Adds quotes, detail)By Sinead Cruise and Huw JonesLONDON, April 2 (Reuters) - British consumers will get a three-month freeze on loan and credit card payments to weather the coronavirus epidemic, under plans outlined by the country's financial re...
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UK BROKER RATINGS SUMMARY: Jefferies Raises Raft Of Property Investors
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(Sharecast News) - The Financial Conduct Authority has asked lenders to introduce loan payment freezes and interest-free overdrafts to support consumers whose finances have been hit by the Covid-19 crisis.
Read moreLONDON, April 2 (Reuters) - Delaying remaining elements of new global bank capital rules for a year will give lenders in Britain time to focus on dealing with fallout from the coronavirus epidemic, the Bank of England and Britain's finance minist...
Read moreLONDON, April 2 (Reuters) - The Financial Conduct Authority on Thursday proposed a range of new measures to support households facing sudden financial hardship as result of the coronavirus, including three-month payment freezes on loans and credi...
Read more* Some employers still yet to dial down to minimal staffing-union* Only a limited number of people should be "key workers"-watchdog* Banks stepping up protections in call centres, branches* Some staffers ditching home-working by choice (Adds banki...
Read more* Some employers still yet to dial down to minimal staffing-union* Only a limited number of people shld be "key workers"-watchdog* Banks stepping up protections in call centres, branches* Some staffers ditching home-working by choiceBy Sinead Cruis...
Read moreLONDON MARKET CLOSE: Stocks Drop As UK Coronavirus Death Toll Rises
Read more* UK banks scrap dividends on regulators' call* European shares tumble: STOXX -3%* Euro zone factory activity crashes in March Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters. You can...
Read moreLONDON, April 1 (Reuters) - Britain's investment managers would expect banks and other companies to rethink bonuses if they are scrapping payouts to shareholders, the Investment Association said on Wednesday.Top UK banks have scrapped dividends fo...
Read more* AMS raises 1.75 bln Swiss francs via rights issue* UBS, HSBC take combined 15% AMS stake* 62% of shareholders, subscription rights holders took part (Adds banking sources, analysts, detail, background)VIENNA, April 1 (Reuters) - Weak demand for se...
Read moreLONDON, April 1 (Reuters) - British insurer M&G has dropped plans to cut staff by 10% this year due to coronavirus, it said in a memo to staff on Wednesday seen by Reuters."Because of the uncertainty caused by this pandemic, we are dropping our ai...
Read moreLONDON, April 1 (Reuters) - Hundreds of loans have been made under an emergency scheme launched last month to help small and medium-sized companies get access to bank credit during the coronavirus crisis, a spokesman for Britain's finance ministry...
Read moreLONDON MARKET MIDDAY: Stocks Slide As Virus Slams Europe Manufacturing
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