UK rips up state guarantees on nearly £1 billion of Covid loans cyprus-mail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cyprus-mail.com Daily Mail and Mail on Sunday newspapers.
Exclusive: UK rips up state guarantees on nearly 1 billion pounds of COVID loans reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.
The UK government has scrapped
guarantees on nearly 1 billion pounds of bank
loans handed out to ailing businesses during the COVID-19
pandemic, leaving lenders on the hook for some of the.
The UK government has removed state guarantees from nearly 1 billion pounds ($1.2 billion) worth of bank loans given to struggling businesses during the COVID-19 pandemic, shifting the responsibility for some unpaid debts to the lenders.