The crisis at the troubled lender Greensill Capital has spread after thetook action against one of the firm’s major business partners, and German regulators banned its local subsidiary from doing business and reportedly filed a criminal complaint against management.
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Credit Suisse winds down $10bn in funds as Greensill bank prepares for insolvencyInvestments in loans linked to ailing supply chain bank closed, adding to fears for British steel industry British business winning again!!
Source: The Guardian - 🏆 84. / 53 Read more »
UK's economic recovery may be quicker than forecast – Bank of EnglandGovernor says rising interest rates reflect growing optimism – but warns new Covid variants could derail progress Hungry? Get £15 off your first Uber Eats order of £15 use code: eats-uspt76 😇🍺 boemuseum That’s what is important. Safeguarding lives and a safeguard of the economy. Many people need to get back to the office. We pray
Source: The Guardian - 🏆 84. / 53 Read more »
Bank of England governor sees light at the end of the tunnelBut Andrew Bailey says the economy will need to adapt as people work and shop from home more often. Is it a train? Jason__Watkins he must have been watching McDonald & Dodds last night. blinders, eh what
Source: BBCNews - 🏆 3. / 97 Read more »
Banks and insurers to face tough cyber stress tests under Bank of England planSky News has learnt that the Bank's Financial Policy Committee (FPC) will highlight preparations for the stress test when it publishes its quarterly Financial Stability Report on Friday Ahhhh, dear old London, sigh ... such a beautiful horizon ... no jarring angles or abrupt changes of cadence, just the sublime easy gracious lines of fluent effortless architectural elegance bar none ;) BeautyOfLine EarthHathNotAnythingToShowMoreFair Everyone is skint now
Source: SkyNews - 🏆 35. / 67 Read more »
Cities will change for ever with home working, says ex-Bank of England deputy governorSir Charlie Bean has said metropolises ‘may become more focused on entertainment’, Zoe Tidman reports Anyone ever read ‘The Third Wave’, by Alvin Toffler? Way ahead of it’s time, I read it in the 80’s, along with ‘Future Shock’. Fascinating. RT : Cities will change for ever with home working, says ex-Bank of England deputy governor retweet!
Source: The Independent - 🏆 80. / 59 Read more »