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Questions Asked Over Barclays and HSBC Missing Loans

Bank of England

peter_IFAMAG reads Twitter so you don’t have to.


The Bank of England says the UK economy could shrink up to 30% in second quarter of 2020. This highlights the acute economic squeeze on small business, however HSBC and Barclays are failing to deliver bounce back loans. A new poll suggest half of Britons are eager to start work immediately.

Faisal Islam reports on specifics of outlook.

Ben Chu highlights the Bank of Englands ‘firm stance’ towards highly leveraged companies.

https://twitter.com/BenChu_/status/1258340138356178945

Mel Stride has written to Barclays boss to find questions over delayed bounce back loans.

Last night IFA Magazine published an article on HSBC bounce back loans highlighting their ‘redefinition of 24 hours’. We are pleased to see thats it provided information for people, and that it has been shared widely.

Through all the coronavirus uncertainy, Bloomberg reports that Britons are eager to get back to work.


What are your thoughts on these tweets?

Tweet your responses to @peter_IFAMAG

 

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