I’m sharing a large chunk of this comment from the FT because it is important: Andrew Bailey, the incoming governor of the Bank of England, said on Wednesday that it was very likely the central bank and UK government would soon need to provide bridging finance to small companies to help them deal with coronavirus. […]
source https://thebtrader.com/2020/03/04/the-bak-of-england-realises-that-coronavirus-means-that-all-the-conventional-rules-have-to-be-thrown-aside/?utm_source=rss&utm_medium=rss&utm_campaign=the-bak-of-england-realises-that-coronavirus-means-that-all-the-conventional-rules-have-to-be-thrown-aside
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