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UK TRESEASURY PLANS TO SET UP CORONAVIRUS TOXIC DEBT BODY

Published On 16 Jul 2020 01:03 PM


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HIGHLIGHTS

  • To handle £ 35 Billion of unsustainable government-backed debt, Leicester City wants state-owned recovery corporation. 
  • Many businesses in Leicester have shuttered. A taskforce has suggested that British businesses that had taken government-backed loans to survive the coronavirus crisis should be able to apply for help if they were at risk of default.

The Tre....


Tags : business loan, TheCityUK, small and medium-sized enterprises, SME, COVID-19, coronavirus business interruption loan scheme, CBILS, bounce back loan scheme, BBLS,
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