5 Things You Need To Know, Today, on Thursday 16th July 2020

Episode 1980,   Jul 16, 2020, 04:59 AM

UK banks fear that up to 800,000 businesses could go bust in the next year if they are unable to defer repayments on government-backed loans.

The lending industry is proposing a student loans-type scheme, where coronavirus loans can be converted into a tax debt repayable over a decade.

UK banks fear that up to 800,000 businesses could go bust in the next year if they are unable to defer repayments on government-backed loans.

The lending industry is proposing a student loans-type scheme, where coronavirus loans can be converted into a tax debt repayable over a decade.

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