Summary Ratesettler, the peer to peer lending platform, to continue to operate as a distinct label under the Metro Bank group Its loans will be funded by the Metro Bank’s balance sheet, going forward By entering an emerging space, the mo...
Summary As per the UK's Finance Ministry data, the Banks have lent close to £50.0 billion to the businesses under the Covid-19 support scheme and £33.8 billion to support the furloughed The UK government's job retention scheme has s...
Summary Banco Santander reported a 2 per cent rise in net operating income in H1 2020, due to a fall in operating expenses Barclay's delivered a profit before tax of £1,272 million (H119: £3,014 million) Lloyd's recorded a net inco...
Summary As per the industry experts, the public financial institution plans to buy government bonds. The institutions include central banks, pension funds and sovereign wealth funds. The Bank of England reported that the UK lenders approved 40,...
Summary As per the Bank of England's reported data, in June 2020, the total gross capital issuance by UK residents was £71.6 billion. The issuance increased by £25.7 billion from £45.9 billion in May 2020. In June 2020, the P...
Summary As per the Confederation of British Industry's data, the month order book for factory orders increased to -46 in July. The order book was -58 in June. Cambria Africa's NAV declined to USD 1.32 cents in H1 FY20 from USD 1.35 cents in H1 ...
Summary The net loan book of Amigo Holdings decreased by 9.1 per cent to £643.1 million, compared to the previous year Globalworth Estate undertook healthy leasing activity in H1-2020, with 115.5k square metres of commercial space taken-...
Summary The British finance minister, Rishi Sunak set to announce a £2.0 billion package for job creation for people aged under 25 years. As per the industry experts, the UK labour market is expected to be weighed down by job crisis. Pho...
The European stock market remained buoyed with strong investor sentiments. FTSE-100 was trading at 6,232.81 up by 1.24 percent (as on 2 July 2020, before the market close at 3.37 PM GMT+1). Meanwhile, the following factors can affect the mar...
As the British Prime minister sets out to announce the plan for GBP 5 billion infrastructure projects, the FTSE-100 index was trading down by 0.54% at 6,192.20 (as on 30th June 2020 before the market close at 12.01 PM GMT+1). The other impo...
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