More than one in ten mortgage borrowers will fall into negative equity in the event of a house price crash – and young families are most at risk, an influential think tank has said. The Resolution Foundation said 11pc of homeowners would see their property value fall to be worth less than […]
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Japan approval for remdesivir expected ‘soon,’ Abe says
TOKYO — Japan is on the verge of initiating a fast-track approval process for Gilead Sciences’ antiviral drug remdesivir to treat patients infected by the novel coronavirus, Prime Minister Shinzo Abe said Monday. Japan’s health ministry will place remdesivir on a shortened authorization track once another nation certifies the drug to treat […]
Start-up rescue package expected within days as loan scheme criticism mounts
According to lobby group UK Finance, £1.1bn in lifeline loans have been paid out under the emergency loans scheme. But only 2pc of queries have been successful, with just 6,000 loans agreed out of 300,000 expressions of interest. Tej Parikh, chief economist of the Institute of Directors, said the money is not […]