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  5. Bank of England delays report on health of UK banks to Aug. 6

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Bank of England delays report on health of UK banks to Aug. 6

Wed, 03rd Jun 2020 13:03

LONDON, June 3 (Reuters) - The Bank of England said on
Wednesday it had delayed the publication of its regular
assessment of the health of Britain's banks, the Financial
Stability Report (FSR), until Aug. 6 from a previous July 2
release date.

It cited last month's publication of an interim version of
the FSR which was released alongside a scenario suggesting
economic output could return to pre-COVID levels next year,
despite a 25% fall pencilled in for the current quarter.
(Reporting by Andy Bruce
Editing by William Schomberg)

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16 Apr 2020 09:34

CORRECTED-UK banks expect to lend more to business as COVID-19 crisis deepens

(Corrects year when BoE survey first asked about businesses' demand for credit)LONDON, April 16 (Reuters) - British banks expect to lend more to businesses but curb mortgage and consumer lending over the next three months as the country feels the ...

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16 Apr 2020 09:34

UK banks expect to lend more to business as COVID-19 crisis deepens

LONDON, April 16 (Reuters) - British banks expect to lend more to businesses but curb mortgage and consumer lending over the next three months as the country feels the economic effects of the coronavirus, a Bank of England survey showed on Thursda...

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16 Apr 2020 08:03

LONDON BRIEFING: Shell Promises To Be Carbon Neutral By 2050

LONDON BRIEFING: Shell Promises To Be Carbon Neutral By 2050

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15 Apr 2020 19:00

REFILE-Irish banks may extend mortgage breaks to six months - representative body

(Refiles to change headline to extend not extended)DUBLIN, April 15 (Reuters) - Ireland's five retail banks may extend loan repayment breaks to help homeowners cope with the impact of the coronavirus to six months from the three months currently i...

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15 Apr 2020 19:00

Irish banks may extended mortgage breaks to six months - representative body

DUBLIN, April 15 (Reuters) - Ireland's five retail banks may extend loan repayment breaks to help homeowners cope with the impact of the coronavirus to six months from the three months currently in place, the head of their representative body said...

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15 Apr 2020 15:00

UK should consider 100% state guarantee for small business loans, banks say

LONDON, April 15 (Reuters) - Britain's government should consider fully guaranteeing small emergency loans to businesses to speed up processing, rather than requiring banks to take on some of the risk, Britain's banking industry trade body told l...

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15 Apr 2020 12:42

UPDATE 2-UK lenders report big backlog in emergency business loans

(Adds UK Finance comments to parliament)By David Milliken and William SchombergLONDON, April 15 (Reuters) - British banks are dealing with a backlog of more than 20,000 applications for government-backed emergency finance for small businesses, thre...

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15 Apr 2020 12:42

UPDATE 1-UK lenders report big backlog in emergency loans to business

(Adds detail)By David Milliken and William SchombergLONDON, April 15 (Reuters) - British banks are dealing with a backlog of more than 20,000 applications for emergency government-backed finance from small businesses struggling due to the coronavi...

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15 Apr 2020 09:37

UK lenders provide 1.1 bln pounds in emergency COVID loans

LONDON, April 15 (Reuters) - Britain's banks have provided 1.115 billion pounds ($1.39 billion) in emergency loans to small and medium-sized companies under a government-backed scheme to help businesses survive the coronavirus lockdown, an industr...

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14 Apr 2020 17:05

LONDON MARKET CLOSE: FTSE On Sidelines As Virus Optimism Boosts Market

LONDON MARKET CLOSE: FTSE On Sidelines As Virus Optimism Boosts Market

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14 Apr 2020 10:24

Marshalls Halts Some Operations, Cuts Pay, Gets Additional Financing

Marshalls Halts Some Operations, Cuts Pay, Gets Additional Financing

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14 Apr 2020 10:09

UPDATE 2-UK stocks underperform Europe as virus woes persist

* FTSE 100 down 0.9%, FTSE 250 drops 2.0%* BAT slumps on U.S. criminal probe reports* Astrazeneca up on update on possible COVID-19 drug* Cineworld down on report lenders may block Cineplex takeover (Updates with closing price)By Devik Jain and Sru...

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9 Apr 2020 09:25

UK BROKER RATINGS SUMMARY: Credit Suisse Downgrades HSBC To Neutral

UK BROKER RATINGS SUMMARY: Credit Suisse Downgrades HSBC To Neutral

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9 Apr 2020 07:35

UPDATE 2-UK watchdog to add car finance to pandemic loan relief measures

(Adds industry reaction)By Huw JonesLONDON, April 9 (Reuters) - The Financial Conduct Authority said on Thursday it would add car financing to the temporary relief measures aimed at supporting households facing sudden financial hardship as result ...

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9 Apr 2020 07:35

UPDATE 1-UK watchdog to add car finance to pandemic loan relief measures

(Adds more detail on loans covered)LONDON, April 9 (Reuters) - The Financial Conduct Authority said on Thursday it would add car financing to the temporary relief measures aimed at supporting households facing sudden financial hardship as result o...

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