Greater flexibility announced for Bounce Back Loan repayments
On the 8th February, the government announced that businesses that have taken out the government=backed Bounce Back Loans to help deal with the COVID-19 impact, now have greater flexibility in terms of repayment. What has the chancellor announced? The key aspect of the Chancellor’s announcement is that loan borrowers will be able to delay all repayments for a further six months. There is also...
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