The Bank of England and the Financial Conduct Authority are meeting today with the heads of the UK’s high street banks to discuss support for consumers and small businesses during the unfolding coronavirus pandemic.

The remotely-held meeting, scheduled for 30 March, was organised to “address outstanding priority issues” according to an FCA spokesman, such as banks’ handling of indebted consumers who may be facing a loss of income; or small businesses unable to repay loans due to a lack of revenue.