The UK banks must address the serious strain on their operational capacity for handling the surge in the loan demand, Bank of England Governor Bailey told reporters on Friday and noted that large and small companies will need new equity. Additional takeaways “The IMF sees a V-shaped recovery for the global economy but there is a huge amount of uncertainty.” “Global policymakers in IMF meetings showed a very clear commitment to do what is necessary.” “OBR’s scenario of 35% fall in UK GDP in Q2 is not implausible.” “The MPC will set out its view very clearly in may on how much scarring the UK economy faces.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next S&P 500 Price Analysis: US stocks trading in 5-week highs, bullish FX Street 2 years The UK banks must address the serious strain on their operational capacity for handling the surge in the loan demand, Bank of England Governor Bailey told reporters on Friday and noted that large and small companies will need new equity. Additional takeaways "The IMF sees a V-shaped recovery for the global economy but there is a huge amount of uncertainty." "Global policymakers in IMF meetings showed a very clear commitment to do what is necessary." "OBR's scenario of 35% fall in UK GDP in Q2 is not implausible." "The MPC will set out its view very clearly in may on how much… Top Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
