Bank of England tells lenders to `get on with´ Covid-19 business loans
(The Guardian Money News)

Governor Andrew Bailey says `livelihoods are at stake´ as figures show only £1.1bn lent to small firmsCoronavirus - latest updatesSee all our coronavirus coverageThe Bank of England governor, Andrew Bailey, has told Britain´s high street lenders that they must `put their backs into` providing loans for companies affected by Covid-19 amid evidence that many will fail without urgent help.Bailey said commercial banks were under no illusion that `they had to get on with this` to prevent long-term scarring of the economy as a result of the pandemic. Continue reading...