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From Citywire Money

The independent guide to your financial life

  • Thu, 09 Apr 2020 15:45:00 +0000: FTSE rallies 3% as Fed unleashes $2.3tn stimulus - Latest News
    Federal Reserve chairman Jay Powell says the US central bank will use its powers 'forcefully, proactively and aggressively' to fight the economic impact of the coronavirus pandemic.
  • Thu, 09 Apr 2020 14:05:00 +0000: Coronavirus forecast to send UK plc profits crashing 75% - Latest News
    Analysis points to 75% fall in profits from UK-listed companies by the autumn, with £170bn wiped out over 18 months, equivalent to more than a year's earnings.
  • Thu, 09 Apr 2020 12:35:00 +0000: Podcast: can funds and trusts cope in the dividend drought? - Latest News
    Citywire editors Gavin Lumsden and Daniel Grote start a new series of podcasts assessing the unprecedented level of dividend cuts and suspensions caused by the battle against Covid-19.
  • Thu, 09 Apr 2020 11:04:00 +0000: UK dividends could halve as coronavirus puts £52bn at risk - Latest News
    More than £52bn of UK dividends are at risk, with the prospect of payouts halving this year as the coronavirus pandemic forces companies to shore up their balance sheets.
  • Thu, 09 Apr 2020 07:28:00 +0000: Bank of England directly funds government virus spending - Latest News
    In a move not seen since the last financial crisis, the Bank of England announces a temporary emergency extension to the government's overdraft in response to the coronavirus crisis.