Treasury mulling 100% government-backed loans for smallest firms

United States News News

Treasury mulling 100% government-backed loans for smallest firms
United States Latest News,United States Headlines
  • 📰 The Guardian
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 53%

Proposal follows slow take-up of bank lending by companies during Covid-19 crisis

The Treasury is considering introducing 100% government-backed rescue loans for Britain’s smallest companies after the slow take-up of bank lending by businesses during the Covid-19 crisis.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

The Guardian /  🏆 84. in UK

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

'What is happening is not normal. We 100% need answers. This is not adding up''What is happening is not normal. We 100% need answers. This is not adding up'Zia Wassan says there is a feeling of vulnerability in communities like his and more needs to be done prevent deaths
Read more »

Trump calls on Harvard University to return $8.6 million coronavirus relief fundingTrump calls on Harvard University to return $8.6 million coronavirus relief fundingThe president conflated Harvard's grant with the government loans meant for small businesses
Read more »

Coronavirus loans to small and medium-sized firms accelerate - bank figuresCoronavirus loans to small and medium-sized firms accelerate - bank figuresBusiness groups urge lenders to maintain an improvement in the offer of loans under the CBILS scheme to protect jobs.
Read more »

Coronavirus business loans: Less than half approvedCoronavirus business loans: Less than half approvedBanks have approved £2.8bn of loans for small firms, compared with £1.1bn approved last week.
Read more »

Tory coronavirus crisis dossier of shame exposed as Starmer ambushes RaabTory coronavirus crisis dossier of shame exposed as Starmer ambushes RaabLabour listed the UK PPE firms the Government ignored while new leader Sir Keir Starmer hit out at the 'slow' response to the coronavirus crisis at his first Prime Minister's questions
Read more »

Thousands of firms may fail if rescue schemes not expanded, says CBIThousands of firms may fail if rescue schemes not expanded, says CBIMore grants and loans needed to help small businesses weather Covid-19 lockdown, say leaders
Read more »



Render Time: 2025-03-15 09:14:51