LONDON A regional breakdown of emergency loans to small firms in Britain during the coronavirus crisis shows that Scotland and the South West of England have received a smaller share of nationwide lending than they did prior to the pandemic.
* Scottish small firms get proportionally less than
LONDON Britain's financial watchdog is stepping up its vigilance of credit providers who encourage customers to take on more loans than they can afford, putting them at risk of a personal debt spiral that could ramp up their financial difficulties.
Frankfurt/London Mit kostenlosen Sandwiches und Freibier am Feierabend locken Geldhäuser in London ihre Mitarbeiter zurück in die Büros.
LONDON, August 3 The COVID-19 pandemic has led to a spike in investment among Britons, with millennials leading the way as they turn increasingly to the stock market.
LONDON Investment banks in London are trying to tempt more staff into the office, laying on free food, Friday night drinks and other perks to lure bankers back where they can pass skills to others -- and compliance departments can keep a closer eye on them.
LONDON Lloyds Banking Group swung to a rare pretax loss in the first half of 2020, after setting aside a bigger than expected 2.4 billion pounds second-quarter provision to cover a potential hike in bad loans due to the coronavirus.
* Ramps up worst-case economic assumptions
(Adds analyst, CEO comments)
LONDON Barclays set aside a higher than expected 1.6 billion pounds ($2.1 billion) to cover a possible rise in loan losses in the second quarter and warned a grim outlook and low interest rates would hurt profits into 2021. | Video
LONDON HSBC aims to double the number of Black staff in senior roles by 2025, Chief Executive Noel Quinn said in an internal memo, as the bank attempts to take action against discrimination and create opportunities for advancement in the wake of the Black Lives Matter movement. | Video