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Banks, BP PLC and Greggs PLC among key updates in coming week, Bank of England and non-farms draw macro focus

Banks, BP PLC and Greggs PLC among key updates in coming week, Bank of England and non-farms draw macro focus
proactiveinvestors.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.co.uk Daily Mail and Mail on Sunday newspapers.

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U.K. Banks Prepared for Negative Rates in Case Recovery Crumbles


U.K. Banks Prepared for Negative Rates in Case Recovery Crumbles
Lizzy Burden, Silla Brush and Tom Metcalf, Bloomberg News
A Lloyds Banking Group Plc company logo above an automated teller machine (ATM) in Chelmsford, U.K., on Thursday, Feb. 11, 2021. The U.K. economy grew at double the pace expected in the fourth quarter, showing signs of resilience to coronavirus restrictions at the end of a year that delivered the worst recession since 1709. Photographer: Chris Ratcliffe/Bloomberg
, Bloomberg
(Bloomberg) Britain’s biggest financial institutions are on track to meet the Bank of England’s deadline to be ready for negative interest rates, giving authorities another tool to aid the economy if the recovery fades. ....

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