Tag: emergency

Emergency measures to help train firms survive extended

Image copyright Getty Images The government has agreed new emergency deals with train companies. Under the arrangement, taxpayers will continue to cover any losses on the railways, caused by low passenger numbers, for another 18 months. Throughout that period ministers hope to carry out broader reforms to Britain’s railways. They will consider adopting a concessions-based system in the longer term,… Read more →

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Eurozone in fresh emergency action to boost economy

Image copyright AFP The European Central Bank has taken further dramatic measures try to boost the eurozone economies, amid their biggest recession since World War Two. Just months after emergency measures, the central bank said it would increase the size of its bond buying programme by €600bn (£546bn) to €1.35tn. The programme will run until June 2021, six months longer… Read more →