Page 27 - Amanda Murphy News Today : Breaking News, Live Updates & Top Stories | Vimarsana

and last updated 2021-01-27 14:55:55-05 Art lovers are getting more than just a masterpiece when they go to a LIVE!art event, they are getting an experience. LIVE!art puts artists at the forefront by showing how their hands work to create a masterpiece. "I just want to create art for everyone," Vincent Hernandez, an artist said. Amanda Murphy who is the founder of LIVE!art came up with the idea when she was painting puppies on Facebook live. "It's meant to really get the general public invested in the artwork that we do," Murphy said. Building a bridge between the artist and art lovers at th...

Topsy-turvy: A third of us would withdraw money from our accounts and stuff it under our bedroom mattress if rates turn negative What should investors and savers do if interest rates turned negative? New research just published by financial giant Aegon suggests that a third of us would withdraw money from our savings accounts and stuff it under our bedroom mattress. But many more – 42 per cent – would use it as an impetus to save less and invest more.  The findings come amid ongoing speculation that the Bank of England might cut interest rates to below 0.1 per cent in order to revitalise...

Tens of billions of pounds of taxpayers' money dished out as loans to keep struggling firms afloat during the pandemic are being hoarded in bank accounts instead, MPs have been told. Some £21billion - half of the total £42billion doled out by Rishi Sunak under various schemes - has yet to be used by the businesses that claimed it, representatives of UK banks said.  The money was designed to help firms with rent and other expenses during the lockdowns and the general economic disaster that has been 2020. They are underwritten by the Treasury, meaning the taxpayer foots the bill if they are ...

Bounce back loan fraud ‘five times higher’ than typical levels PA 14 December 2020, 6:11 pm Levels of fraud from taxpayer-backed Covid-19 loan schemes are around five times higher than typical figures, according to senior UK bankers. Bosses at Lloyds and Santander told MPs on the Treasury Select Committee that around 1% of bounce back loans have been taken out fraudulently. David Oldfield, chief executive of Lloyds Commercial Banking, said his bank has seen 3% of applications rejected, with 2% of those approved later turning out to be fraudulent. Around two-thirds have subsequently been f...

Levels of fraud from taxpayer-backed Covid-19 loan schemes are around five times higher than typical figures, according to senior UK bankers. Bosses at Lloyds and Santander told MPs on the Treasury Select Committee that around 1% of bounce back loans have been taken out fraudulently. David Oldfield, chief executive of Lloyds Commercial Banking, said his bank has seen 3% of applications rejected, with 2% of those approved later turning out to be fraudulent. Around two-thirds have subsequently been frozen. He said: “That’s still a large number but as a percentage that’s about five times h...