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Finance News
Government’s “Bounce Back” Loan Scheme Sees Enormous Demand From SMEs
The scheme promises small companies 100% government-backed loans to help them cope with the economic downturn caused by COVID-19.
COVID-19 Loans Scheme Provides Over £4 Billion to SMEs
Since the beginning of the Coronavirus Business Interruption Loan scheme, lenders have provided over £4.1 billion to small companies, with more than £1.33 billion being provided in the week beginning 21 April, data has shown.
Income Analytics Launches Income Risk Indices and 10-Year Forecasts for Commercial Real Estate…
Income Analytics, a PropTech company based in London, has launched a new set of indices and benchmarks for quantifying real estate income risk.
Vaccinating the Economy: Will Government Bailouts be Enough?
The UN has estimated that in 2020 the global economy could shrink by up to 1% due to the COVID-19 pandemic, instead of grow by 2.5% as it was originally predicted. Economists have warned that the damage from the coronavirus crisis could be…
Virgin Australia Collapses Amid COVID-19 Slump
Australia’s second largest airline was forced to go into administration after failing to secure a government bailout.