UK tells banks to keep lending through coronavirus

LONDON (Reuters) - British banks must keep lending to businesses through the coronavirus crisis to ensure viable companies do not fail, the government and Bank of England said on Wednesday, after promising 330 billion pounds in loan guarantees.In a joint letter to the chief executives of major banks, finance minister Rishi Sunak, Bank of England Governor Andrew Bailey and the interim chief executive of the Financial Conduct Authority, Chris Woolard, urged them to support the economy."This will..