Finance

An overview of the Government initiatives to support businesses through the coronavirus pandemic.

Household debt: Data on the latest household debt statistics, including net lending, mortgage interest rates and insolvencies.

Equivalence is a system which can be used to grant domestic market access to foreign firms in certain areas of financial services.

This House of Commons Library briefing paper outlines temporary measures to assist homeowners to manage their mortgage payments during the coronavirus (Covid-19) outbreak. It considers lenders’ obligations towards homeowners who are struggling with their mortgage payments, outlines possible sources of advice for mortgagors, and discusses the mortgage support schemes that were introduced in response to the 2008 financial crisis.

An overview of the development and rollout of the Coronavirus Business Interruption Loans Scheme, the Coronavirus Larger Business Interruption Loans Scheme and the Bounce Back Loans Scheme, including refinements and challenges.

The Financial Services Bill 2019-21 was introduced in the House of Commons on 21 October 2020. Second reading was on 9 November 2020 and the Bill is currently at committee stage.

This briefing looks at the failure of London Capital & Finance Plc (LCF) and the consequences for those who invested in the firm's 'mini-bonds'.

Some of the problems that have arisen with the Bounce Back Loans scheme (BBLS) and how caseworkers can help businesses to address them.

Money laundering, fraud and other economic crime could run to billions of pounds per year in the UK. The Treasury Committee has found various regulatory and legislative failings in the way in which these crimes are being tackled. The Government’s July 2019 Economic Crime Plan draws together all the work being conducted by the public and private sector. The RUSI said that as at September 2020, 23% of actions in the plan had been completed, 59% were in progress, 9% were overdue and 6% either had no due date or had been paused.

An overview of how business interruption insurance policies have been interpreted in the context of the coronavirus pandemic.

The European Investment Bank lends to projects that contribute to growth and employment within Europe. This briefing gives a short overview of the Bank's membership and operation, and its future relationship with the UK.

There is growing concern that the debt collection practices of public sector bodies have fallen behind the standard of regulated creditors in the private sector. Practices have often been criticised as being unfair to the debtor and inefficient, possibly resulting in higher long-term costs to the taxpayer. The impact of the coronavirus pandemic on debts owed to public bodies is not yet known, but it is likely to have led to further indebtedness.

This paper provides an update on the UK-EU future relationship negotiations following intensified negotiations in June and July 2020. It explores the prospects for an agreement in time for the end of the post-Brexit transition period on 31 December