Good morning: The number of people falling behind with their bills rose again last month as the coronavirus pandemic squeezed household finances. Homeowners are struggling to keep up with mortgages and repayments are 14 per cent lower than would have been expected before the pandemic, the Institute for Fiscal Studies has warned. Mortgage and borrowing data for May from the Bank of England at 9.30am this morning will provide further evidence of how the coronavirus has altered borrowers’ behaviour. Almost three-quarters of manufacturers are considering cutting jobs this year as they battle for survival, Make UK, the industry lobby group has warned. On the corporate front:● Lookers has updated shareholders on an

Source: The Times June 29, 2020 08:03 UTC