• Capital Access

Hot Off The Wires - 31 March 2020


  • Oil prices have tumbled to their lowest level in 18 years as demand plummeted by about a quarter as sweeping restrictions on economic activity are imposed to battle the spread of Covid-19.

  • Britain's biggest banks are under pressure from investors to make massive dividend payments even as rivals in Europe axe shareholder payouts while they weather the coronavirus storm.

  • The United Nations has called for a $2.5trn emergency package to help developing countries cope with the crippling impact of the Covid-19 pandemic on their vulnerable economies.

  • Food retailers are in line for a £3bn tax break at the same time as sales surge because of the coronavirus lockdown, according to research.

  • School and nursery closures will disrupt the lives of up to one in seven UK workers as 4.6m of them could be forced into childcare, according to the Office for National Statistics.

  • One in five small and medium-sized businesses may have to close down permanently because of the Covid-19 pandemic, a report by Be the Business in partnership with Opinium, a research company, has warned.



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