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State-backed loan schemes deliver £15bn to UK businesses

Chancellor says 304,000 firms have benefited in sharp increase in lending during pandemic

Sainsbury’s took a loan payment after it said it wouldn’t

But there’s better news for travellers, as Eurostar and BA ease coronavirus refund policies

Airbnb insists on making a refund to a cancelled credit card

Lloyd’s Bank had to cancel my original payment card because of fraud

Lloyds rushes to fix flaw that stopped firms receiving Covid loans

Exclusive: UK subsidiary caught in bank’s tangle over government-backed loans

UK lenders have granted nearly 1.2m payment holidays

Payment holidays for around 700,000 credit cards and 470,000 loans have been granted

I made millions out of the last debt crisis. Now the wealthy stand to win again

We need a fairer tax system so that wealthy people like me help solve the fallout from coronavirus, says the economist and former trader Gary Stevenson

Small firms secure £2bn in bounce-back loans in first 24 hours

More than 69,000 struggling UK businesses get funding from coronavirus scheme

Virgin Money chief downplays impact of Branson bailout plea

David Duffy blames stalled plans to rebrand Clydesdale branches on Covid-19 amid row over Virgin Atlantic funding

Small firms hit by coronavirus could miss out on bounce-back loans

Concern over lack of lenders signing up for state scheme to offer low-cost emergency loans

WeWork co-founder Adam Neumann sues SoftBank over $3bn deal

Former CEO of office-sharing group accuses Japanese company of abusing its power

Small firms inundate UK banks with coronavirus loan requests

Lender warns banks may struggle with demand for official ‘bounce back’ scheme

The promise of an Oxford vaccine reveals how a new Britain could thrive

There was some good news last week. Oxford University’s Jenner Institute announced it was teaming up with AstraZeneca to take a promising prototype of coronavirus vaccine into volume production by the autumn. Of course there are caveats – the institute’s … Continue reading →

Interest on UK coronavirus bounce-back loans to be capped at 2.5%

Treasury also confirms scheme for businesses will be exempt from consumer protection laws

Stock markets tumble as Ryanair and RBS warn on coronavirus damage – as it happened

Rolling live coverage of business, economics and financial markets

RBS profits halve as bank takes £800m coronavirus hit

Royal Bank of Scotland sets aside sum to cover surge of bad debts during pandemic

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  • Can fish and chip shops survive? ‘We made more money by closing than staying open’
  • IMF urges Australian government to cut spending as another interest rate hike looms
  • US Federal Reserve raises interest rates for the first time since 2023
  • ‘Inflation is too high and has been for too long,’ says Kevin Warsh as Fed announces rate hikes – as it happened
  • ‘Made in Europe’ law threatens UK plans for reset with EU
  • Fossil fuel advertising contracts at all-time high in 2026
  • Don’t back down on pledge to put water firms under public control, Burnham told
  • Amazon raises starting pay to $20 an hour and adds Whole Foods discount
  • Former French culture minister goes on trial over corruption charges
  • Burnham warns of ‘difficult decisions’ in budget as inflation rises to 3.1%
  • In such a rich country, it is shameful how many Australians on jobseeker are dying in desperate poverty
  • UK rents accelerate as London house prices fall, and inflation rises to 3.1% – as it happened
  • Amazon to launch Ring ‘neighbourhood watch’ app in UK amid US privacy fears
  • Reform-linked thinktank ‘to call for big tax cuts for the rich’
  • Mirror publisher to cut 220 editorial jobs as readers turn to AI summaries
  • Allowing AI firms to collude to ‘pace the frontier’ is a dangerous proposition
  • Sunderland gets its Kicks: Nissan to invest £170m to build new hybrid SUV
  • Ladbrokes owner prepares to cut 400 jobs weeks after profit boost
  • Revealed: the UK towns with the fewest jobs for young people
  • McLaren to build SUVs geared towards Formula One fans with children
  • Barclaycard sent me a bill for someone else’s account
  • Anthropic lands deal in $31bn datacentre in western Queensland, David Crisafulli says
  • Slave-trade wealth was embedded in Britain’s financial system, research finds
  • US treasury secretary hails government’s bond buyback a success
  • Carney says Canada will pursue ‘unique security and economic alliance’ with EU amid US trade spat
  • John Healey in talks with Canada about UK joining new global defence bank
  • The Guardian view on the Bank of England’s £120bn bill: power without accountability
  • Leading UK retailers ‘breaking law’ by not refunding customers for returned goods, Which? finds
  • UK retirees with no other income will not pay tax on new £13,000 state pension, No 10 says
  • Pensioners are ‘big winners’ with triple-lock set to rise by 3.9%, lifting state pension to £13,000 – as it happened

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