Coronavirus: UK chancellor on new microloan scheme for small businesses

Name: Coronavirus: UK chancellor on new microloan scheme for small businesses
Uploaded: 2020-04-27T16:30:38.000Z
Duration: 47 s
Description: Firms will be able to borrow up to £50,000, which will be interest free for the first year.

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The Treasury has announced a new loan scheme to help support small businesses through the coronavirus lockdown.

Chancellor Rishi Sunak said that companies could apply for up to £50,000, interest free for the first 12 months.

Business

27 April 2020