Emergency loan schemes

The Treasury’s final statistical update for the Bounce Back Loan Scheme, revealed that 1.5 million firms have collectively borrowed £46.5bn via the government-backed lending facility. Although that emergency loan scheme has now closed, a new coronavirus Recovery Loan Scheme has been established in order to continue providing support to businesses affected by the pandemic. The new scheme is now open for applications and will run until 31 December 2021.

For the latest information on COVID-19 and the measures the government are taking visit the government website.

All details are correct at the time of writing (12 April 2021)