Comment: Banks at center of UK's economic defenses against coronavirus impact
By Fiona Maxwell ( March 11, 2020, 14:27 GMT | Comment) -- UK banks will have to take the lead in helping businesses and households survive the economic threats posed by the Covid-19 coronavirus outbreak, buoyed by a raft of government and central bank policies. Announcements from the Bank of England this morning and the UK government’s budget this afternoon aim to propel banks into the central role of supporting the economy by opening up cash coffers. UK banks will have to take the lead in helping businesses and households survive the economic threats posed by the Covid-19 coronavirus outbreak, buoyed by a raft of government and central bank policies....
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