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By Huw Jones LONDON (Reuters) -The Bank of England said on Tuesday that its planned liquidity backstop for non-banks during market stress will initially target the UK gilt market, insurers and pension funds, reflecting the recent crises in markets. A “dash for cash” when economies went into lockdown in March 2020 to tackle the COVID-19…
There was a little bit of Irish luck was on Antix’s side as there wasn’t enough wind to race!
Five Cape 31s are competing
Post-meeting update At today’s Cash Summit we were delighted to hear Economic Secretary to the Treasury John Glen confirm that a consultation on cash legislation will be launched in the Summer. This is an extremely positive development towards getting these critical long term protections introduced. The government must deliver at pace on it’s promises, or risk leaving the cash system vulnerable to further damage. We also heard about UK Finance’s commitment to protecting access to cash, and the launch of its new Cash Action Group, which will be led by Access to Cash Review Chair, Nata...