In a statement today, the UK Chancellor of the Exchequer Rishi Sunak announced an extension of Coronavirus programs that support impacted businesses. The...
Soon after the UK went into lockdown in March, chancellor Rishi Sunak unveiled his £350bn emergency rescue package for British businesses.
This unprecedented intervention...
UK-based challenger bank Tide recently announced it is continuing to pause Tide Bounce Back Loans until the UK government offers direct funding. The...
HM Treasury’s weekly update on the COVID-19 business support schemes indicates that lenders, both traditional banks and Fintechs, have provided a growing amount...
British Business Bank (BBB), the state-owned bank responsible for accrediting lenders to issue coronavirus business loans, has appointed an interim CEO.
Catherine Lewis La...
Starling Bank has raised an additional £40 million in funding from existing backers, adding to its £60 million raise in February, TechCrunch reports.
The...
Each week, HM Treasury publishes updates on approved lending under three COVID-19 related support schemes. This week HM Treasury said £12.47 billion has...
Rangewell, a business finance firm that assists SMEs in accessing capital, has launched a dashboards tracking the Coronavirus Business Interruption Loan Scheme (CBILS)...
