Rishi Sunak backs down and offers small firms 100% loan guarantees

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Rishi Sunak backs down and offers small firms 100% loan guarantees
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  • 📰 The Guardian
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UK companies will be able to borrow up to £50,000 to cope with coronavirus outbreak

Britain’s smallest businesses will be offered 100% government-backed rescue loans following sharp criticism for the slow take-up of emergency bank lending during the coronavirus crisis.

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