UK small businesses struggle to access bounce-back loans – Live Q&A

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The FT’s consumer editor Claer Barrett and enterprise editor Andy Bounds answer questions about difficulties in accessing the UK’s coronavirus-related bounce-back loans. The Financial Times revealed that many financial institutions had withdrawn from offering the loans after being deluged with applications — even though UK chancellor Rishi Sunak had extended the scheme until the end of November and lengthened repayment terms.


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