The Treasury has increased NS&I’s net financing target for 2020-21 by £29bn from £6b to £35bn to help refill government coffers after the impact of the Coronavirus pandemic.

More Financial Planning firms have signed up for the Treasury-backed Women in Finance Charter despite news that some organisations have missed targets, including the CII.

Economic Secretary to the Treasury John Glen MP has said the government will support the financial services sector’s recovery by doing “whatever is needed” for a rapid pickup.

The Personal Finance Society has called for a four month ‘waiver’ for financial advice firms struggling to find affordable Professional Indemnity insurance during the Coronavirus pandemic.