Officials in the UK Treasury are “probably” considering whether to change the Bank of England’s inflation-targeting mandate due to the massive economic shock imparted by the coronavirus crisis, according to a former minister.
A borrower's credit rating should be marked if they take a further mortgage holiday, the Nationwide has said. Lenders look a somebody's credit rating when deciding whether to agree to a fresh loan or contract and the interest rate they will charge.
England risks losing control of the coronavirus pandemic again because it is starting to lift its lockdown without a fully operational track and trace programme in place, senior scientific advisers warned on Saturday.
Relaxing lockdown is a risk because levels of the coronavirus are still at "very high" levels, one of the government's top science advisers says. Prof John Edmunds said it was a "political decision" to lift lockdown and that "many" scientists would wait.
China reported the highest daily increase in coronavirus cases in nearly three weeks with 16 new infections discovered on May 31, as the number of so-called imported cases jumped in southwestern Sichuan province.
The number of overnight stays by tourists in Portugal dropped 98.3% to nearly 71,000 last month from the previous year, showing the sector’s collapse as lockdowns to contain the spread of the coronavirus grounded flights and kept visitors away.
DWF advised Rubis Terminal, in connection with the sale of 100% of the shares of the holding company (Company) of its Turkish operating company (Rubis Terminal Petrol) to the Turkish company Transpet Petrolcülük ve Enerji A.Ş. (Transpet).
The Italian Revenue Agency (ITA) issued certain clarifications regarding the VAT treatment of differentials (if any) arising from the execution of contracts regarding derivative financial instruments linked to changes in the electricity prices.