UK Treasury extends CLBILS loan scheme to £200m

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UK Treasury extends CLBILS loan scheme to £200m

Silas Brown
May 19, 2020 11:45 am
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The impressive facade of the Bank of England located in the City of London. | chrisdorney - stock.adobe.com

The Treasury announced on Tuesday an extension to the Coronavirus Large Business Interruption Loan Scheme (CLBILS). From May 26 certain businesses can apply for loans up to £200m under CLBILS but there are restrictions on dividend payouts and management pay rises.

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