Metro Bank has come under fire for not introducing a new fraud prevention scheme, despite last year signing up to a code which said banks ‘should’ bring it in. The bank, which launched a decade ago, said it had ‘no current plans’ to implement a system called Confirmation of Payee, designed to alert anyone making … Read more
NHS hospitals could run out of oxygen within hours if hit by a wave of coronavirus patients, experts have warned as the UK’s crisis rapidly worsens. Gas suppliers have been told to quadruple production to help hospitals prepare and military drivers may be requisitioned to do the deliveries. The coronavirus can, in severe cases, lead … Read more
Ministers have today warned ‘ghost trains’ with no commuters on will be axed as millions of workers stay at home amid the escalating coronavirus crisis, leaving some services and roads empty. Officials warned there could be no point keeping the services going as the crisis – expected to last until Spring 2021 – escalates. Health … Read more
Bailey faces a baptism of fire at the Bank as the global economy teeters on the brink of recession Adrew Bailey starts work as Governor of the Bank of England today Bailey joined forces with Carney last week to announce a cut in interest rates They unveiled plans to free up £290billion for lenders to loan … Read more