The Chair of the Financial Conduct Authority Charles Randell, speaks at a Reuters Newsmaker event, in London, Britain July 11, 2018. — Reuters pic
Over 900,000 businesses have taken out state-backed loans worth around 38 billion pounds under schemes introduced to help companies deal with the impact of lockdowns, banking industry body UK Finance said today. “Lenders will need to scale their arrears-handling functions quickly, and invest in training and controls,” Randell told an online meeting with the chairs of Britain’s banks.
Banks were criticised for being slow initially in building up capacity to dole out loans, sparking complaints from small companies struggling to stay afloat.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Man charged with urinating on memorial during far-right protest in London | Malay MailLONDON, June 15 — A 28-year old man has been arrested and charged with outraging public decency for urinating on the memorial of a murdered policeman during far-right protests in central London on Saturday, the Metropolitan Police said. The man is in custody in Essex, east of London, after... There is nothing 'far right' about not wanting historical monuments destroy by those who want to rewrite history.
Source: malaymail - 🏆 1. / 86 Read more »
New Zealand protesters take knee outside US consulate | Malay MailWELLINGTON, June 14 — Thousands of people took the knee outside the US consulate in Auckland today as New Zealanders demonstrated for a second week to support the Black Lives Matter movement and highlight local discrimination issues. As Michael Jackson’s “They Don’t Care About Us” played...
Source: malaymail - 🏆 1. / 86 Read more »
Putin says US protests show ‘deep-seated internal crises | Malay MailMOSCOW, June 14 — Russian President Vladimir Putin said today that the US anti-racism protests were a sign of deep crises in the country, in his first comments on the situation. “What has happened is a sign of some deep-seated internal crises,” Putin said in an interview with Rossiya 1...
Source: malaymail - 🏆 1. / 86 Read more »
Trump says he won’t watch NFL, US football if players kneel during anthem | Malay MailWASHINGTON, June 14 — United States President Donald Trump has said he will not watch National Football League (NFL) or US football team matches if players do not stand for the national anthem. The US Soccer Federation last week said it had dropped its requirement that players stand during the...
Source: malaymail - 🏆 1. / 86 Read more »
Ancient eye-popping martial art gains popularity in modern Vietnam | Malay MailHANOI, June 14 — In a sunny temple courtyard in Vietnam, Le Van Thang pushes an iron rod hard against his eye socket and tries to make it bend — his dizzying strength honed through years of practising centuries-old martial art Thien Mon Dao. Thang, 28, is one of an increasing number of...
Source: malaymail - 🏆 1. / 86 Read more »
Police converge at Paris’ Arc de Triomphe to protest government line | Malay MailPARIS, June 14 — Dozens of police cars converged at the Arc de Triomphe in central Paris yesterday in defiance of the government, days after authorities promised “zero tolerance” for racism within law enforcement staff. BFM television showed dozens of parked vehicles roaring their sirens and...
Source: malaymail - 🏆 1. / 86 Read more »