Thursday, March 26, 2020

If Sunak wants businesses to take loans to get through this crisis he has to back them with 100% government guarantees – because nothing else will work

As Politics Home has reported this morning, the government is very upset that banks are not providing the loans to failing Companyes that they thought would be made available as a result of its £330 billion loan guarantee scheme for companies needing help. I am afraid to say that this bemusement on their part is […]

source https://thebtrader.com/2020/03/26/if-sunak-wants-businesses-to-take-loans-to-get-through-this-crisis-he-has-to-back-them-with-100-government-guarantees-because-nothing-else-will-work/?utm_source=rss&utm_medium=rss&utm_campaign=if-sunak-wants-businesses-to-take-loans-to-get-through-this-crisis-he-has-to-back-them-with-100-government-guarantees-because-nothing-else-will-work

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