Bank of England warns of slow recovery for UK economy

Thursday, 6 August 2020 (2 hours ago)
Central bank forecasts output will not recover to pre-Covid-19 levels until end of 2021

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Video Credit: PA - Press Association STUDIO - Published 3 days ago

News video: HSBC profits drop 65% due to coronavirus

HSBC profits drop 65% due to coronavirus 00:59

HSBC has suffered a 65% drop in pre-tax profit in the first half of the yearas Europe’s largest bank was struck by a dive in interest rates andcoronavirus disruption. The bank reported profits of 4.3 billion US dollars(£3.2 billion) in the half year to June 30, down from 12.4 billion dollars(£9.5...