UK Budget: SMEs might crumple under debt, warns Treasury Committee MP

UK small and medium sized enterprises are at risk of collapsing under their coronavirus pandemic debt burdens, warned a member of an influential cross-party parliamentary committee in the wake of Wednesday's budget announcement.
UK chancellor of the exchequer Rishi Sunak announced a raft of measures his budget speech, including the creation of a new £12bn infrastructure bank to be based in Leeds, a sovereign green bond, and the use of tax-friendly freeports across England.
But within moments of Sunak’s announcement, Mel Stride, ...Already a subscriber? Login