Fidelity Top Stories
Angling Direct shuts shops, focus on internet ops
Fishing retailer Angling Direct said all its retail stores were now closed until further notice in line with the UK government's lockdown to fight the coronavirus pandemic.
Global airline industry at risk of collapse in 'gravest crisis' yet - IATA
Governments around the world need to save crisis-hit airlines, a leading industry body has warned, as it forecast revenues would nearly half in 2020 because of the coronavirus pandemic.
Pressure mounts on Sunak to help self-employed with wage bailout
The British government was considering ways to extend its business bailout to include statutory self-employment pay, as pressure mounted to protect the five million workers currently excluded from the package.
Sharp bounce on Wall Street amid signs Senate near agreement on stimulus
Top Senate leaders appeared to be getting closer to a deal on a spending package to see the US economy through the coronavirus pandemic, although it remained to be seen if Democracts in the lower house of Congress could be brought onside.
UK banks 'well able' to withstand Covid-19 crisis - FPC
UK banks are well positioned to withstand the severe disruption brought about by the coronavirus pandemic, the Bank of England’s Financial Policy Committee said on Tuesday, as it pledged to take further action to underpin financial stability if needed.
Redrow cancels divi, keeps building sites open; warns on cancellations
House builder Redrow cancelled its dividend and said it expected its sales rate to be “seriously impaired” over the coming weeks, forecasting labour and materials shortages, as the UK government ordered restrictions on movement to combat the coronavirus.