UK Treasury extends package of COVID-19 rescue loans

UK Treasury extends package of COVID-19 rescue loans

The British Treasury has said that loans to all medium-to-large firms will now be included in the government’s £330bn coronavirus support package for the economy. All companies with a turnover of more than £45m will be able to apply for government-backed support. Schemes for smaller firms and the largest businesses are already in place. The government will guarantee 80% on the bank loans.

Kathy
Kathy
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