Banks can re-start dividend payments, regulator says

“The Prudential Regulation Authority judges that an extension of the exceptional and precautionary action taken in March is not necessary and that there is scope for banks to recommence some distributions should their boards choose to do so,” the regulator

said in a statement.

Recent Posts

Pret to hire 3,000 staff after cutting same number in 2020

"Clearly recruitment is a challenge at the moment, and we're putting everything behind ensuring that we are an employer of choice; that we pay well, that we've got the right benefits, and then we've got the right bonus available to attract new staff," Mr Christou said.

read more

Mask-wearing on public transport sees big drop

"Even on London Transport, where it is supposed to be a condition of carriage, just like paying a fare, the policy is coming apart at the seams and as more people see others failing to comply, the situation will escalate quickly over the autumn," he said.

read more

Government strikes deal to restart CO2 production

Andrew Opie, director of food and sustainability at the British Retail Consortium, also welcomed the deal but said it was "vital" that production "is restarted as soon as possible, and [CO2 is] distributed quickly to food manufacturers in need of it".

read more