FILE PHOTO: Chancellor Rishi Sunak speaks during a daily news conference on the coronavirus disease outbreak, at 10 Downing Street in London, Britain April 20, 2020. Pippa Fowles/10 Downing Street/Handout via REUTERS/File Photo
But the FT said a new loans programme could be launched alongside Britain’s emergency 330 billion-pound scheme offering loans of up to 5 million pounds, with state guarantees of 80%, to small and medium-sized companies. Data published on Thursday showed banks had provided 2.8 billion pounds in loans, almost doubling from a week earlier.
Trump has gone loco!!!
It still leaves a cash-strapped business with a loan to repay and no way to be sure when they will have any income. I'd prefer the Government to be putting money into starting and remodelling business. Light the economic fire now with support for new industries.
Small businesses help prop up the economy. They’re finally realising where their bread is buttered. Must be a humbling experience.
All right!!!!🤑🤑🤑🤑