RBS staff reportedly told to work from home until Christmas
21st Jul 2020 09:53
(Sharecast News) - Thousands of Royal Bank of Scotland staff will continue to work from home for the rest of the year despite new government guidance encouraging workers to get back to the office from next month.
Read moreEurope close: Banks pace gains as stocks move back towards five-month highs
6th Jul 2020 17:24
(Sharecast News) - Shares in Europe moved back towards roughly five-month highs, boosted by an overnight surge in Chinese stocks and another big positive economic surprise in the States.
Read moreSunday newspaper round-up: Vouchers, Grocers, Boohoo
5th Jul 2020 15:59
(Sharecast News) - Radical plans to give all adults £500 and children £250 in vouchers to spend in sectors of the economy worst hit by the Covid-19 crisis are being considered by the Treasury. The proposals, drawn up by the Resolution Foundation think tank, which has had recent talks with the Treasury about its ideas, are aimed at kickstarting economic recovery by triggering a highly targeted surge in spending. Under the plans the vouchers could only be spent in certain sectors, such as hospitality and "face to face" retail, as opposed to online. - Guardian
Read moreUK banks escape probe into overdraft rises during Covid-19
1st Jul 2020 08:38
(Sharecast News) - UK banks were put on notice over overdraft pricing during the coronavirus crisis by the industry regulator on Wednesday, but escaped the threat of a full probe.
Read moreRBS extends switching scheme for business customers
23rd Jun 2020 08:31
(Sharecast News) - Royal Bank of Scotland said it had extended an account switching scheme for business customers by six months so they could to take advantage of incentives to move to other banks.
Read moreRBS appoints Robert Begbie as permanent CEO of NatWest Markets
11th Jun 2020 12:19
(Sharecast News) - Royal Bank of Scotland Group announced fresh appointments to the executive management team and board of its subsidiary NatWest Markets on Thursday.
Read moreBoE's Bailey warns bank chiefs on Brexit - report
3rd Jun 2020 15:01
(Sharecast News) - The Governor of the Bank of England has told bank bosses to step up preparations for the UK failing to agree a trade deal with the EU, according to a report.
Read moreBanks say up to half of 'bounce back' loans could default - report
1st Jun 2020 09:44
(Sharecast News) - UK banks have warned that up to half the £18.5bn "bounce back" loans they make to small businesses during the Covid-19 crisis are unlikely to be repaid, according to a report.
Read moreSunday newspaper round-up: Brexit, Toxic debt, SpaceX
31st May 2020 18:04
(Sharecast News) - The EU's chief negotiator has warned Boris Johnson that he must keep his promises if he wants to avoid the double economic hit of a no-deal Brexit and the coronavirus pandemic. In an exclusive interview, Michel Barnier accuses the prime minister of backsliding on commitments made in the political declaration. Issuing an ultimatum, he warned that there would not be an "agreement at any cost". - Sunday Times
Read moreLenders grant 1.5m payment breaks on cards and loans
29th May 2020 13:04
(Sharecast News) - UK lenders have given almost 1.5m payment holidays to card and personal loan borrowers in financial difficulties during the Covid-19 crisis, industry figures showed.
Read moreGovernment extends mortgage payment holiday until October
22nd May 2020 11:25
(Sharecast News) - The government's mortgage payment holiday scheme has been extended for three months, it was announced on Friday.
Read moreTuesday broker round-up
5th May 2020 13:27
(Sharecast News) - Stagecoach Group: Canaccord upgrades to buy with a target price of 110p.
Read moreGerman court says some aspects of ECB bond buying programme are 'constitutional'
5th May 2020 10:04
(Sharecast News) - Germany's top Constitutional Court called into question the "proportionality" of the European Central Bank's main bond purchase programme, but did not call into question the basic outline of the monetary authority's strategy.
Read moreMonday broker round-up
4th May 2020 13:34
(Sharecast News) - Go-Ahead Group: Canaccord upgrades to buy with a target price of 1,650p.
Read moreLargest UK companies expect sales drop of over 20% due to coronavirus
4th May 2020 10:27
(Sharecast News) - The UK's largest companies expect the coronavirus to reduce their sales by over a fifth in 2020 according to a survey published on Monday by Deloitte.
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