While the COVID-19 outbreak may have caused widespread disruption to the Asian business community, there’s no doubt that Hong Kong remains a shining beacon for companies from across the globe.
This time last year, if you’d asked financial services providers if it was possible for almost all of their staff to work from home, many would have told you it couldn’t be done. But as coronavirus pushed us to adapt more quickly to new ways of working, we’ve seen that not only is it possible during times of crisis, but it could actually be a sustainable change that will help workers come closer to that elusive work-life balance.
New releases from the Bank of England have shown record numbers of businesses using government-backed loans to stay afloat. For smaller companies, however, the loan schemes continue to fall short of their needs.
The unprecedented financial strain of COVID-19 has been difficult for many households to deal with. For those still struggling, it may be time to try a different strategy.
Leaving interest rates at rock bottom levels, the UK’s central bank has expanded its bond-buying programme in a bid to lessen the economic damage of the COVID-19 pandemic.
The transition from the widely used LIBOR interest rate will fundamentally alter financial markets around the globe. Organisations in the financial sphere must brace for a seismic shift.
The challenger bank’s drop in value follows a round of layoffs at the beginning of June, as industry experts predict a wave of “down rounds” for fintechs.
A comprehensive guide to the intricacies of investment trusts, how they function, and the potential value they might bring to an attentive investor's portfolio.
As the COVID-19 pandemic accelerates our shift towards a cashless economy, it is important to ensure that the transition is seamless – and to be prepared for the new financial reality on the other end.
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