Friday 24 April 2020 5:30 am

The City View podcast from City A.M., with Dr Gerard Lyons

Save our SMEs

In this episode Christian is joined by Dr Gerard Lyons, former economic adviser to Boris Johnson. 

Listen to our daily City View podcast as we chart the economic fallout and business impact of the coronavirus pandemic.

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Gerard gives his expert analysis of the current state of the UK economy and offers a stark warning to the government that failure to revamp the Coronavirus Business Interruption Loan Scheme (CBILS) will see firms go to the wall. While he commends the government for action in other areas, his warnings about the CBILS should not go unheard. 

Read more: CBILS application process ‘soul destroying’, says director of film industry business

The question of how a country moves out of lockdown was the subject of Gerard’s latest paper in conjunction with City A.M. columnist Paul Ormerod, and he sets out his advice to the government on how to switch an economy back on. 

Read more: Coronavirus loans double to £2.8bn but only half are approved

Also in this episode, Christian looks at the latest terrible economic data for April; considers the Bank of England’s latest position; and highlights a warning that more than one million hospitality jobs could be lost without further government support. 

Read more: David Buik: Tories could lose next election over coronavirus loans delays

In association with ETX Capital

ETX Capital is one of the UK’s leading spread betting and CFD trading providers, offering services to retail, institutional, professional and high net worth customers via an award-winning trading platform. With over 50 years of experience in the financial markets, customers and service are always put first at ETX, and the company prides itself in offering a tailor-made trading experience to every customer. The multi-device TraderPro platform delivers a fully customisable, award-winning trading technology with customisable charts, instant execution and over 5,000 markets to trade.

Disclaimer: Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when spread betting or trading CFDs with ETX. You should consider whether you understand how spread bets or CFDs work and whether you can afford to take the high risk of losing your money. Authorised and regulated by the Financial Conduct Authority with Financial Services register number 124721. ETX Capital provides an execution-only service and therefore any market analysis, opinion, commentary or other information provided during this webinar is for educational purposes only and is not intended to be a personal recommendation or construed as advice. ETX Capital and the presenter are not financial or investment advisors and do not recommend any instrument of any kind.  Any instruments that are mentioned throughout are cited only for illustrative and educational purposes.

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