Federal Reserve

Stocks rise despite Fed warning over $700bn in Covid-19 loan losses – business live | Business

8.04am BST08:04 Intu Properties prepares to fall into administration Zoe Wood Intu Properties said on Friday it was likely to go into administration after the shopping centre owner failed to secure an

5 mins read

UK borrowing hits record £55bn in May; retail sales rebound -business live | Business

8.13am BST08:13 Mark Sweney The Financial Conduct Authority has extended emergency measures to allow consumers impacted by the coronavirus outbreak to freeze loan and credit card payments until 31 October. The measures,

5 mins read

Number of people on UK payrolls drops by 600,000 as Covid-19 crisis hits – business live | Business

8.17am BST08:17 The Bank of England printing works, now De La Rue, in Debden Newly printed sheets of 5 notes are checked for printing mistakes. Photograph: David Levenson / Alamy/Alamy There has

8 mins read

Stock market rally fades as investors await US Fed forecasts – business live | Business

8.07am BST08:07 Mark Sweney The owner of dozens of magazines including The Week, Minecraft World and Viz has put a quarter of its UK staff into a redundancy consultation process as the

4 mins read

How coronavirus almost brought down the global financial system | Business

In the third week of March, while most of our minds were fixed on surging coronavirus death rates and the apocalyptic scenes in hospital wards, global financial markets came as close to

50 mins read