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Coronavirus fears hit UK property market as viewings dry up

Buyers and sellers worry about risk of infection, say agents




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Evictions ban aims to help tenants in rented homes

Emergency move to prevent people being thrown out because of virus




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Nationwide pulls tracker mortgages after historic base rate cut 

Mortgage products tracking base rate vanish as ‘the numbers no longer stack up’ 




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Fed buys more mortgage bonds as rates rise above 4%

US central bank accelerates purchases to stabilise market for securities backed by home loans




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Non-bank lenders push for access to emergency state funding

Lobby groups led by UK Finance warn there is likelihood of ‘severe’ impact to borrowers




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Lenders sound warning on mortgage holidays

Households urged to consider options such as reduced payments instead of delaying debt




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UK housing market put on hold after plea from banks

Coronavirus lockdown hits lenders’ ability to offer mortgages and evaluate properties




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Hot springs and baseball stadiums core to Japan’s national security

Activists wary after finance ministry names ‘core’ stocks covered by law on foreign investment




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Unions and parent groups urge against early return to school

Calls for safety assurances despite concern over educational impact




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Government eyes flexible furlough extension to get UK back to work

Sharma signals tapering of scheme as Johnson prepares to announce road map out of lockdown




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Coronavirus: Pence aide tests positive for Covid-19 — as it happened




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Brighton theatre fears lockdown could bring curtain down permanently

Survival of coastal city’s vibrant arts scene will depend on community ‘being on the front foot’




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UK quarantine plan poses fresh setback for aviation sector

Airlines and airports say 14-day isolation period would be a ‘death blow’ to industry




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Coronavirus latest: Spain’s Sánchez urges caution as lockdown is eased




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My First Million: Andy Scott, turnround specialist

‘There are no warranties when you take on an insolvent company’




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My First Million: Mike Battle, LaplandUK founder

From hedge fund manager to making children’s festive dreams come true




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My First Million: Nicholas Gill, chief executive, David Phillips

We grew too fast, but came back stronger




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Axa criticises regulatory confusion over dividend policy

Chief executive Thomas Buberl says different guidance between countries ‘difficult to accept’




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Admiral shows the insurance industry how it is done

Company to refund fraction of policy premiums to reflect reduction in driving  




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Two UK insurers outline scale of coronavirus claims

Hiscox expects $150m of claims while Beazley expects to pay out $170m




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Insurers are starting to pull trade credit protection 

Euler Hermes has written to some brokers, saying it will offer less support in the UK if the government does not agree to backstop trade credit insurers. 




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UK regulator to seek court ruling on business interruption insurance

Decision comes amid row between companies and insurers on what is covered under policies




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UK companies to shun business interruption insurance

Dissatisfaction grows as watchdog calls on courts to act quickly on Covid-19 disputes




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Best of this week’s opinion

Our columnists’ thoughts on corporate and global debt, and economists’ Covid-19 approach




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Maybe Elon Musk won’t save me after all

My love affair with the Tesla chief can’t survive the pandemic




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Robots/Covid-19: automation rations

Pandemic may spur greater use of robotics in food industry to cater for virus-wary customers




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Trying to write fiction in superfictional times

Crises have inspired classics of literature — so is the great Covid-19 novel already under way?




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Coronavirus: Retail investors attempt to navigate crisis

DIY investors and those in pensions drawdown scramble to adapt as stock markets plunge 




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Relax tax rules on pensions access, argues Sir Steve Webb 

Former pensions minister says the crisis means greater flexibility is needed 




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Equalise front-line doctors’ death benefits, says BMA

Some families of medics who die in service will receive higher payouts than others under current rules




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Regulators urge UK savers to ‘keep calm’ during coronavirus volatility

Investors encouraged to take time before making any changes to their retirement plans




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How the coronavirus threatens Asia-Pacific’s $7tn pensions market

Sector across region hit by fears of panicked mass withdrawals due to pandemic




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Consumers warned over surge in coronavirus scams

Fraudsters are exploiting fears over pandemic to target pension savers, investors and online consumers




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Aviva pension clients barred from cashing in property assets

Provider cites coronavirus market turmoil for uncertainty over valuations




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Coronavirus crisis inflicts a double blow to pensions

Retirement plans have suffered tumbling asset values and ballooning liabilities




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Pension transfers under lockdown

Market volatility has temporarily halted the £80bn final salary transfer market, yet there is increased desire to cash in 




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Can I transfer my final-salary pension under lockdown?

Join a live discussion with FT’s pensions correspondent Josephine Cumbo at 12pm and 5pm UK time on Wednesday April 22 




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Free FT webinar: Pensions funding storm

The Pensions Regulator and former minister Sir Steve Webb take part in online debate 




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Public sector unions take government to court over pension reform

Judicial review sought over alleged breach of 2015 law, claiming cost benefits should go to scheme members




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Suspended UK pension contributions could total £1bn

FT survey estimates that 1 in 10 employers with defined benefit schemes may look to suspend payments




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Five ways to protect your post-pandemic pension pot

How will your retirement finances change BC and AC — before and after coronavirus?




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Westminster loses battle over pension fund investments

Court rules government guidance that bans boycotts against foreign countries is unlawful




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UK pension trustees urged to watch for dividends and ‘excessive’ bonuses

Industry regulator calls for vigilance over actions of employers during pandemic




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Australia’s biggest pension fund says investors will withdraw billions

Executive points to ‘heaps of liquidity’ as members get access to cash due to coronavirus




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US state pension system hit hard by coronavirus pandemic

Sharp falls across financial markets in March have caused large drop in aggregate funded ratio




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BNP warns coronavirus could dent 2020 profits by a fifth

‘Drastic revisit’ of outlook at French bank as dividend cuts and cancellations hit equities trading




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Virgin Money profits halve as it prepares for surge in bad loans

UK lender is latest to warn coronavirus-induced economic disruption will hit its clients




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More than £2bn lent under ‘bounce back’ scheme on first day

Light touch checks on UK borrowers raise fears of defaults on loans and fraud




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Force banks to take on more capital, says Sajid Javid

Former chancellor urges lenders to keep credit flowing and not just weather the storm




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Black is white for Anglo Irish Bank’s long-suffering shareholders

PwC’s finest scientific minds attempt to prove banks can exist in two states at once