62BILLION

Lloyd’s of London says Covid insurance payouts will hit record £6.2BILLION for 2020

by

Lloyd’s of London says Covid insurance payouts will hit record £6.2BILLION for 2020 as insurance market suffers £887m annual loss in biggest single event in its 335-year history Lloyd’s of London suffered £887m loss last year, after profits of £2.5bn in 2019 Insurer says it would have recorded a profit of £880m if not for … Read more

Government borrowed £62BILLION in April the highest on record

by

Government borrowed £62BILLION in April the highest on record as it bailed out millions of businesses and workers with coronavirus lockdown wreaking havoc on the economy By James Tapsfield, Political Editor For Mailonline Published: 07:34 BST, 22 May 2020 | Updated: 07:55 BST, 22 May 2020 The scale of the coronavirus hit on the public … Read more