Sunday newspaper round-up: Lockdown, Vaccines, Social distancing

26th Apr 2020 23:44

(Sharecast News) - Boris Johnson is expected to announce plans for easing the lockdown as early as this week after he returned to Downing Street on Sunday night to take full-time control of the coronavirus crisis. The Prime Minister will on Monday morning chair his first meeting of the Covid-19 "war cabinet" since he was taken to hospital more than three weeks ago, and is ready to resume his role hosting televised Number 10 press conferences. - Sunday Telegraph

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Barclays CEO, finance director waive pay rises

20th Apr 2020 15:07

(Sharecast News) - Barclays chief executive Jes Staley and finance director Tushar Morzaria have agreed to give up their pay increases until at least 2021 due to the coronavirus pandemic.

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BoE tells banks to use buffers to support economy

20th Apr 2020 14:26

(Sharecast News) - The Bank of England has told banks to use their liquidity and capital buffers to back customers during the Covid-19 crisis after requiring lenders to cancel dividends to bolster their finances.

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Government calls for shareholder days in lieu of AGMs

17th Apr 2020 09:48

(Sharecast News) - The government has called on companies to hold shareholder days to give investors the chance to interrogate boards when Covid-19 limits on annual general meetings are lifted.

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Bramson withholds vote against Barclays CEO Staley

16th Apr 2020 10:26

(Sharecast News) - Sherborne Investors said it would withhold its vote against Barclays Chief Executive Jes Staley at the bank's shareholder meeting to avoid management upheaval during the Covid-19 crisis.

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Barclays puts share awards and job cuts on hold during crisis

14th Apr 2020 14:49

(Sharecast News) - Barclays has deferred share awards for its chief executive and finance chief and delayed planned job cuts in response to the Covid-19 crisis.

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Federal Reserve to purchase higher-rated junk bonds through new facility

9th Apr 2020 14:17

(Sharecast News) - America's central bank stepped up to the plate yet again with plans to provide as much as $2.3trn in financing for the private sector, especially for small and medium-sized companies, alongside local and state governments.

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JP Morgan boss anticipates financial stress akin to 2008 crisis

6th Apr 2020 13:14

(Sharecast News) - The head of America's largest lender by market value is digging in for a severe downturn.

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FCA to freeze consumer loan payments in emergency measures

2nd Apr 2020 07:44

(Sharecast News) - The Financial Conduct Authority has asked lenders to introduce loan payment freezes and interest-free overdrafts to support consumers whose finances have been hit by the Covid-19 crisis.

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Barclays pulls dividend; Cancels interim payout, buybacks for 2020

1st Apr 2020 07:01

(Sharecast News) - Barclays said it was pulling its final dividend and cancelling interim payouts and share buybacks in response to the impact of the coronavirus pandemic.

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UK banks suspend dividend payments amid Covid-19 outbreak

31st Mar 2020 21:07

(Sharecast News) - Britain's biggest banks have suspended dividend payments as they look to weather the coronavirus outbreak.

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Barclays to cut fossil fuel lending under investor pressure

30th Mar 2020 09:28

(Sharecast News) - Barclays said it would align all its financing activities with the goals and schedule of the Paris agreement on climate change to have net zero emissions by 2050.

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UK banks warned against profiteering during Covid-19 crisis

26th Mar 2020 12:34

(Sharecast News) - UK banks were formally warned not to take advantage of the coronavirus crisis as they were accused in parliament of profiteering.

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UK banks 'well able' to withstand Covid-19 crisis - FPC

24th Mar 2020 12:02

(Sharecast News) - UK banks are well positioned to withstand the severe disruption brought about by the coronavirus pandemic, the Bank of England's Financial Policy Committee said on Tuesday, as it pledged to take further action to underpin financial stability if needed.

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New BoE Governor pledges 'prompt' action to tackle economic impact of coronavirus

16th Mar 2020 12:54

(Sharecast News) - Andrew Bailey, the Bank of England Governor, has pledged to take "prompt action again" to tackle the economic fallout of the coronavirus outbreak, after the US Federal Reserve announced a series of sweeping measures overnight.

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