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Lloyds profits crash 95% as bank covers expected surge in bad debts

Bank sets aside £1.4bn for potential defaults by customers struggling amid coronavirus lockdown

Barclays may have to put aside £4.5bn to cover bad debts due to coronavirus

Bank reports £2.1bn charge for first quarter as customers struggle to repay loans

Rishi Sunak will be alarmed but hard to see how BA job cuts could be avoided

A global recession is certain and travel restrictions may be with us for several years

HSBC could have to put aside £8.8bn to cover bad debts in coronavirus crisis

Bank’s profits halve as it says outlook for world economies has worsened in past two months

Coronavirus: UK banks may need to put aside £5bn to cover losses in first quarter

Major lenders to reveal how pandemic and lockdowns have hit their balance sheets

Fixing jobkeeper: why the banks are not to blame for flaws in the wage scheme

Scott Morrison is said to be ‘furious’ banks are not lending businesses enough money, but the real problem is how the program works

NHS pharmacy’s business account frozen by Metro Bank

Suspension leaves London firm unable to pay bills and sparks concerns of anti-Iran bias

‘UK youth employment prospects crumbling’ in coronavirus crisis

Employers warn of grim summer for graduates as firms, big and small, trim recruitment

Bank of England tells lenders to ‘get on with’ Covid-19 business loans

Andrew Bailey says ‘livelihoods are at stake’ as figures show only £1.1bn lent to small firms

Barclays CEO avoids vote against re-election over Epstein ties

Activist investor Ed Bramson eases up on calls for Jes Staley’s removal amid Covid-19 crisis

Just £1.1bn of Covid-19 bailout loans have been issued to small UK firms

Critics say banks are failing to meet demand despite doubling number of loans in one week

Not even Wall Street titans know the true cost of the coronavirus crisis

JP Morgan’s $8.3bn bad loan provision is steep but it’s guesswork – no one has a clue about the final bill

JP Morgan sets aside $8.3bn to cover Covid-19 losses

Wall Street bank earmarks sum to cover credit cards and oil and gas sector losses

UK financial services looked gloomy even before Covid-19 crisis

Banks, insurers and fund managers reported a drop in optimism, CBI survey finds

‘Banks will behave better this time than during financial crisis’

Former Virgin Money boss backs sector’s response to coronavirus as she launches Snoop finance app

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  • Nvidia hit by shareholder lawsuit over Jensen Huang’s relationship with suspected Chinese spy – business live
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  • Nvidia’s value tumbles after ‘honeytrap’ investigation launched, as China denies spying claims – as it happened
  • Young people in UK hit by ‘low-gear economy’, warns Bank of England deputy
  • EU manufacturers could give up on competing with China by 2030, warns commerce chief
  • Mortgage holders’ confidence crashes to lowest level since 1994 as year that ‘feels like a recession’ looms
  • Qantas to cut 850 Australian jobs and outsource work to India under AI-driven overhaul
  • Jensen Huang’s image has been shattered. Could he be pushed out at Nvidia?
  • Nvidia’s board needs to do some succession planning – sharpish
  • Elon Musk and the tech bros banked on Trump and lost. Humbled, humiliated: what will they do next?
  • Thames Water asks creditors for more time to help repay £20bn debt pile
  • There’s more than a whiff of politics to the sudden call to slash Labor’s green energy subsidies
  • ‘Obvious risk of further tragedy’ at rail crossing type at which Amazon driver died, inquiry finds
  • Why is Nvidia’s Jensen Huang at the centre of a US-China row?
  • The rise and rise of the family farm
  • Insurance industry workers: how is climate-related risk managed in your company?
  • Economic relief is on the way, Democrats say. But what, how and when?
  • UK households face rush to find green energy installer to beat April VAT hike
  • Rare call for more electricity supplies as wind power drops across Europe
  • Why has Royal Mail only delivered letters twice in three months?
  • Fixing UK’s youth jobs crisis demands much more investment, TUC boss warns
  • Starbucks plans to hire 7,500 staff in major UK expansion plan
  • Chinese carmaker BYD’s offices in Netherlands raided over JLR ‘copycat car’ claim
  • US employers keep passing rising healthcare costs to workers. There are better options
  • UK spent £100m on zombie Brexit border inspection posts
  • Revealed: how a UK firm is spearheading growth in trade of US fracked ethane
  • 1-0 to humankind? US midterms vote puts AI, datacentres and the broligarchy back in their box
  • ‘AI clog’: UK public bodies battle onslaught of chatbot-generated complaints
  • Banana producers in Latin America want better pay to cope with effects of climate crisis
  • Five European leaders call for closer EU-UK ties ahead of Brussels summit

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