Government Financial Support
| Posted by: pete | No Comments
So HM government has published the value of support they have given to UK Businesses.
Bounce Back Loans £46.53bn
CBILS £23.28bn
CLBILS £5.3bn
CCFF £104bn
With the Bank of England forecasting that 60% of BBL’s are likely to go toxic that means £27.92bn is never likely to be repaid. If only the Chancellor had used some of this to support the #ForgottenLtd #ExcludedUK then maybe these companies would not be facing the risk of their companies disappearing