ALEX BRUMMER: US firms not having to deal with UK bureaucracy when applying for coronavirus loans
Getting money out to small businesses is a priority for dealing with lockdown. But it is almost two weeks since the Chancellor, Rishi Sunak, unveiled the Coronavirus Business Interruption Loan Scheme and just 2,500 loans, worth £453m, have been made. Given there are 5.9m small and medium firms in Britain and an estimated 300,000 applications, … Read more
