Sector Regulation Sector Regulation

UK lenders, concerned about debt mountain, call for government equity in ailing companies

By Fiona Maxwell
  • 06 May 2020 09:19
  • 06 May 2020 09:19
UK lenders are showing increasing concern about the mountain of debt being accrued by tens of thousands of borrowers, which may not be able to be repaid even as the economy returns to normal following the Covid-19 pandemic.

Banks are already warning their thousands of new borrowers that the debt they're taking on

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Fiona Maxwell

Senior Correspondent

Fiona Maxwell is a financial services senior correspondent at MLex in London. She began her career as a reporter for, writing about EU post-crisis regulation, and later worked for POLITICO in Brussels, covering the intersect between financial policy and politics. Prior to joining MLex, Fiona worked at the Bank of England as a policy adviser in the prudential policy directorate.

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