The outbreak of covid-19 has taken the wind out of global markets and Seneca Global Income & Growth Trust (SIGT) has not been immune to this; its net asset value (NAV) has fallen 30.4% during the first quarter of 2020 (23.6% in March – all in total return terms). It ...
Senior bankers are reportedly working with the Treasury on a new scheme which could be launched as early as next week.
There are now mounting calls for the UK government to follow suit.
Chancellor Angela Merkel in turn says her country took lessons from South Korea.
According to Financial Times analysis the pandemic could have already caused as many as 41,000 deaths – twice the official estimate.
The Magpies are reportedly on the verge of being sold to a Saudi-backed consortium which involves Crown Prince Mohammed bin Salman for around £300m.
Carers Trust will provide grants of up to £300 directly to carers who are struggling financially.
Alarm comes as Government launches financial packages for business.
The Crown Prince of Saudi Arabia chairs the fund and has also overseen the devastating bombardment of Yemen.