All the updated news related to bounce back loan scheme

All the news related to bounce back loan scheme updated in real time

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Covid business loans ‘saved hundreds of thousands of jobs’

Three schemes that funnelled £78 billion to businesses around the UK during the coronavirus pandemic might have saved millions of jobs, a report has claimed. Researchers said anywhere between 500,000 and 2.9 million jobs might have been lost without ...

14 Jun 2022 at 01:01

Government pays out £62m to cover fraudulent loans, officials reveal

Banks have found that £850 million was borrowed by fraudsters from a Government-backed loan scheme that was launched during the pandemic. The British Business Bank said that while estimates of fraud range into the billions, the lenders ...

27 Apr 2022 at 17:55

More than £8 billion of bounce back loans in arrears, new figures show

Businesses are either in arrears or have defaulted on £8.4 billion of Government-backed Covid loans according to new figures released on Monday. New numbers from the Department for Business, Energy & Industrial Strategy show a big ...

05 Sept 2022 at 19:07

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