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

Shell shows prudence on dividend, but no remorse on $16bn share buybacks

As coronavirus sorts stock market winners from losers at startling speed, buybacks prove costly

UK Treasury rushes to finalise coronavirus bounce back loan scheme

Details of Rishi Sunak’s small business support yet to be agreed, days ahead of launch

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

Rishi Sunak’s coronavirus rescue plan is failing. Labour can help make it work

As shadow chancellor, I urge No 11 to work with me to avoid Britain’s economy being scarred for generations to come, says Anneliese Dodds, shadow chancellor of the exchequer