Want to create an interactive transcript for this episode?
Podcast: Beyond Currency
Episode: 3 June 2020 - Banks stuck between a rock and a hard place
Description: "Since the Chancellor of the Exchequer announced on March 23rd that the Government was prepared to offer several schemes to help companies, the self employed, and individuals survive the effect of coronavirus, banks have been left with something of a hot potato.
Under pressure to lend as quickly and simply as possible, they have been concerned about the risk they face and have charged significantly higher interest rates to their customers than they would in a normal market.
"
Beyond Currency Market Commentary:
Aims to provide deep insights into the political and economic events worldwide that can cause currencies to change...