Sunday, 13 Jun 2021

U.K. Firms’ Borrowing to Jump Five-Fold in 2020 on Pandemic Pain

WATCH: Justin Simmons intercepts Justin Herbert on Chargers’ opening drive

The Broncos defense got off to a great start on Sunday when Broncos safety Justin Simmons picked off Chargers quarterback Justin Herbert on Los Angeles’ opening drive.

Simmons returned the interception down to the 16-yard-line.

The interception gave the Broncos a great chance to get into the end zone early, but Denver settled for a field goal to take a 3-0 lead in the first quarter.

5 ejected, 1 dead in single vehicle rollover crash in Aurora

Five people were ejected during a single vehicle rollover crash in Aurora Sunday morning, police said. One person is dead.

The crash occurred around 9 a.m. on the Airport Boulevard flyover onto Interstate 70.

Police said seven people were in the vehicle when it rolled down an embankment.

Police suspect drugs and alcohol contributed to the crash.

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Silva's last fight ends in defeat

In his last fight in the Ultimate Fighting Championship (UFC), Anderson Silva suffered a fourth-round technical knockout defeat by Uriah Hall in Las Vegas on Saturday.

The mixed martial arts great still holds the record for the longest title reign in UFC history at 2,457 days.

Denver Broncos vs. Los Angeles Chargers photos from NFL Week 8

The Denver Broncos host the Los Angeles Chargers at Empower Field at Mile High for the NFL Week 8 game on Sunday.

Click here for the game live blog.

WATCH: Phillip Lindsay gallops for 55-yard TD run vs. Chargers – The Denver Post

The Broncos needed a spark. Enter Phillip Lindsay.

With Denver trailing 24-3, the Broncos running back broke off a 55-yard TD run to give the Broncos a glimmer of hope with 6:05 left in the third quarter. The extra point made it 24-10 Chargers at the time.

— PFF (@PFF) November 1, 2020

The 55-yard run was the Broncos longest rushing play of the 2020 season.

Eddie Hassell Dies: ‘The Kids Are All Right’, ‘Surface’ Actor Was 30

Actor Eddie Hassell, who appeared in the Oscar-nominated film The Kids Are All Right and the NBC oceanic sci-fi drama Surface, has died, Deadline has confirmed. He was 30.

According to TMZ, the actor was killed on Sunday morning in Texas in what seems to be a carjacking. No further details have been given.

In The Kids Are All Right, he played Clay, the wise-cracking best friend of Josh Hutcherson’s character Laser. In Surface, he played Phil Nance, Miles’ (Carter Jenkins) best friend.

In addition to his roles in The Kids Are All Right and Surface, Hassell also had a recurring role in the Lifetime dramedy Devious Maids created by Marc Cherry. He played the character of Eddie Suarez the son of Ana Ortiz’s Marisol. The series, which lasted for four seasons, followed four Latina maids working in Beverly Hill. Devious Maids also starred Dania Ramirez, Roselyn Sanchez and Judy Reyes.

He had numerous TV credits on prominent shows including Studio 60 on the Sunset Strip, Southland, ‘Til Death, Longmire and Bones. He also appeared in the feature films Jobs Warrior Road, Family Weekend, The Family Tree, among others.

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WATCH: Drew Lock connects with KJ Hamler for Broncos game-winning touchdown – The Denver Post

With one second left on the clock and the Broncos trailing the Chargers by six points, Drew Lock rolled to his right and found rookie wide receiver KJ Hamler in the end zone for a touchdown.

It was Lock’s third touchdown pass of the game.

Brandon McManus added the extra point to cap the Broncos 31-30 victory.

WATCH: Drew Lock’s 40-yard TD pass to DaeSean Hamilton vs. Chargers – The Denver Post

With the Broncos trailing the Chargers by 10 in the fourth quarter on Sunday, quarterback Drew Lock connected with wide receiver DaeSean Hamilton to cut the lead to 27-24.

Hamilton’s 40-yard catch and run capped a two-play, 77-yard scoring drive for the Broncos.


WATCH: Drew Lock TD pass to Albert Okwuegbunam vs. Chargers – The Denver Post

Albert Okwuegbunam is quickly becoming one of Drew Lock’s favorite targets.

The Broncos quarterback found his former college teammate for a touchdown catch in the fourth quarter of the team’s matchup against the Chargers on Sunday. The score cut the lead to 24-17.

— PFF (@PFF) November 1, 2020

U.K. Firms’ Borrowing to Jump Five-Fold in 2020 on Pandemic Pain

U.K. firms will increase their net borrowings from banks this year by five-fold and many are unlikely to start reducing this debt until 2022, according to consultancy EY.

Net bank lending to non-financial companies climbed to 43.2 billion pounds ($56 billion) between January and August, compared to 8.8 billion pounds for the whole of 2019 as firms borrowed heavily to navigate pandemic uncertainty, according to the EY ITEM Club for Financial Services.

Total business loans are expected to rise 11% to 493 billion pounds this year, compared to a 2% rise last year and an average decline of 1.4% from 2010 to 2019. That contrasts with consumer credit, which is set end the year down 5% to 212 billion pounds.

“The ongoing financial impact of the pandemic is likely to be felt for some time, particularly as more restrictions and local lockdowns come into force,” said Dan Cooper, U.K. head of banking at EY. “Businesses are operating under increasing pressure, relying more heavily on bank lending than ever before, while on the flip side, consumers are sitting tight and borrowing far less than would normally be expected.”

The ITEM Club predicts that firms won’t start to repay debt and reduce their borrowing until 2022, or even later if local lockdowns materially delay a return to more normal economic conditions.

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