Government and BoE meet the banking industry about coronavirus

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The Chancellor and Bank of England Governor met with representatives from the banking industry yesterday to discuss helping SMEs affected by coronavirus. The government is offering a Coronavirus Business Interruption Loan Scheme, which provides lenders with a guarantee of 80% on each loan, extending statutory sick pay, business rates relief, and small business grant funding. […]

The post Government and BoE meet the banking industry about coronavirus appeared first on PropertyWire.

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