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Financial firms can ask customers for a selfie to check their identity, Britain's markets watchdog said in a bid to ease burdens on staff having to work from home during the coronavirus lockdown.
Britain's top banks have axed dividend payments after pressure from the regulator, saving their capital as a buffer against expected losses from the economic fallout from the coronavirus.
Prices on the British high street fell at their fastest pace in nearly two years in early March and they are likely to be pulled in different directions soon by the coronavirus crisis, an industry group said on Wednesday.
Global fund managers are convinced the world economy is already in recession, and recommended increasing bond holdings in March to the highest level in at least seven years while buffering up on cash at the expense of equities, a Reuters poll showed.
British energy suppliers have asked the government to provide support so they can offer payment breaks to households and businesses struggling to pay bills because of the impact of the coronavirus.