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EU APPROVES 50 BILLION POUND BRITISH ‘UMBRELLA’ SCHEME

Published On 07 Apr 2020 08:54 AM


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Highlights

• UK's “umbrella” scheme will take care of companies and businesses that are affected by coronavirus pandemic

• This scheme includes grants, loans, equity injections and tax advantages

• EU asks Britain to extend transition period

As stated by the European Commission on Monday, the British “umbrella” scheme worth 50 billion pound to support companies ....


Tags : Business news, economy news Europe, umbrella scheme, European Union, United kingdom news, coronavirus news,
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