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Author: KMFSLLP

14 May Investors warn Covid-19 crisis is paving the way for inflation

Posted at 03:00h in News by KMFSLLP 0 Comments

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Huge stimulus could lead to ‘red hot’ price rises over the longer term, say fund managers

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14 May Treasury eyes lifting loan caps for ‘squeezed middle’ companies

Posted at 03:00h in News by KMFSLLP 0 Comments

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Ministers look at revamp of scheme after poor uptake from midsized UK businesses

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13 May London transport set for £1.6bn bailout after ‘running out’ of money

Posted at 20:27h in News by KMFSLLP 0 Comments

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Mayor Sadiq Khan had warned of cuts to Tube and bus services without extra funding

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13 May UPDATE 2-California governor slashes budget in COVID-19 economic crisis

Posted at 20:25h in News by KMFSLLP 0 Comments

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California Governor Gavin Newsom on Thursday slashed his proposed budget for the next fiscal year by $19 billion, bringing spending below 2019 levels as coronavirus-related woes thrash the world's fifth-largest economy.

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13 May UPDATE 2-Mexico central bank lowers rates 50 basis points, hints at more cuts

Posted at 19:56h in News by KMFSLLP 0 Comments

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Mexico's central bank on Thursday lowered its benchmark interest rate to the lowest in 3-1/2 years, hinting more cuts could be on the horizon and warning the coronavirus pandemic's effects will be felt more strongly in the second quarter.

13 May Zimbabwe to circulate higher bank notes as inflation soars

Posted at 19:36h in News by KMFSLLP 0 Comments

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Zimbabwe will introduce higher denomination bank notes to increase the amount of cash in circulation, the finance minister said in a government notice on Thursday, at a time inflation is soaring and pushing prices beyond the reach of the majority.

13 May UPDATE 8-Norway wealth fund blacklists Glencore, other commodity giants over coal

Posted at 19:24h in News by KMFSLLP 0 Comments

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* First exclusions made for excessive greenhouse gas emissions

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13 May UPDATE 1-BT in talks to sell multi-billion-pound stake in Openreach – FT

Posted at 19:19h in News by KMFSLLP 0 Comments

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BT Group Plc is in talks to sell a multi-billion pound stake in its wholly-owned network subsidiary Openreach to infrastructure investors to help fund an ambitious expansion in fibre broadband, the Financial Times reported on Thursday.

13 May California governor slashes budget in COVID-19 economic crisis

Posted at 19:09h in News by KMFSLLP 0 Comments

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California Governor Gavin Newsom on Thursday slashed his proposed budget for the next fiscal year by $19 billion, bringing spending below 2019 levels as COVID-19 related economic woes thrash his state's economy, the world's fifth-largest.

13 May NHC says 70% chance of cyclone over Straits of Florida

Posted at 19:05h in News by KMFSLLP 0 Comments

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A trough of low pressure over the Straits of Florida has a 70% chance of becoming a cyclone in the next 48 hours, the U.S. National Hurricane Center (NHC) said on Thursday.

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Author: KMFSLLP

14 May Investors warn Covid-19 crisis is paving the way for inflation

14 May Treasury eyes lifting loan caps for ‘squeezed middle’ companies

13 May London transport set for £1.6bn bailout after ‘running out’ of money

13 May UPDATE 2-California governor slashes budget in COVID-19 economic crisis

13 May UPDATE 2-Mexico central bank lowers rates 50 basis points, hints at more cuts

13 May Zimbabwe to circulate higher bank notes as inflation soars

13 May UPDATE 8-Norway wealth fund blacklists Glencore, other commodity giants over coal

13 May UPDATE 1-BT in talks to sell multi-billion-pound stake in Openreach – FT

13 May California governor slashes budget in COVID-19 economic crisis

13 May NHC says 70% chance of cyclone over Straits of Florida

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