Chancellor faces calls to expand small business loan guarantees
Small businesses are having difficulty in getting their loans approved.
Jack is a business and economics journalist and the founder of The London Economic (TLE).
He has contributed articles to VICE, Huffington Post and Independent and is a published author.
Jack read History at the University of Wales, Bangor and has a Masters in Journalism from the University of Newcastle-upon-Tyne.
Small businesses are having difficulty in getting their loans approved.
Chancellor Rishi Sunak said the ‘unprecedented job retention scheme will protect millions of jobs across the country and is now up and running’.
Sir Richard Branson told Virgin Group employees the airline will not be able to continue without a commercial loan from the Government.
The government has been rightly called out for causing a delay, but a more troubling ‘d’ is plaguing its response: Dogma.
The PM had been called out for skipping Cobra meetings and ignoring scientific advice on coronavirus.
Treasurer Josh Frydenberg announced the move as the coronavirus pandemic causes a collapse in advertising revenue.
The moves have led to calls for similar action to be taken in the UK.
The couple had flagged they would adopt a ‘revised media approach’ from the spring.
Alarm comes as Government launches financial packages for business.
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