Banks will promise tomorrow to give small businesses interest-free loans of up to £250,000 within 48 hours to help them survive the economic crisis. Sources close to Chancellor Rishi Sunak say the emergency coronavirus loans will initially take the form of overdrafts. Business customers will be able to borrow up to a quarter of a … Read more

As the coronavirus pandemic plays havoc with our lives, the authorities are scrambling to limit the financial impact. A week that started with the worst one-day fall for British stocks since the financial crisis in 2008 was followed by a Bank of England interest rate cut, the first Budget of the new Government and more … Read more