Britons to receive 'stop-gap' loan relief to weather pandemic - financial regulator
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LONDON (Reuters) - British consumers will get a three-month freeze on loan and credit card payments to weather the coronavirus epidemic, under plans outlined by the country's financial regulator on Thursday.The "stop-gap" package complements relief already announced by the government to support mortgage-holders, furloughed staff, renters and the self-employed. It includes pledges to slash interest rates on arranged overdrafts up to 500 pounds to zero, for up to three months.The Financial Conduct..