Cash & Liquidity Management
Published  7 MIN READ

Cash Management and Investment in a Shifting World

Without a crystal ball, it is difficult to predict which path the economic recovery will take. Many treasurers are therefore wondering how to manage and invest corporate cash in an optimal manner, given the uncertainty ahead. Nevertheless, Yera Hagopian, Managing Director, Liquidity Solutions, Barclays, and Daniela Eder, Head of Payments & Cash Management Europe, Barclays, believe that treasury teams can take action today to ensure their cash management and investment strategies are fit-for-purpose in the new operating environment.

March 11, 2020, will go down in history as the day the World Health Organisation declared the Covid-19 outbreak to be a pandemic[1]. That same day, the Bank of England made an emergency interest rate cut, down from 0.75% to 0.25% [2] – and the UK government launched its Coronavirus Business Interruption Loan Scheme (CBILS). Eight days later, the UK interest rate was cut again, to an all-time low of 0.1%, and £200bn in quantitative easing (QE) was announced [3].