Reuters with the report on access to government-backed loans

  • more small firms that were in financial difficulty before the COVID-19 pandemic will be able to access government-backed loans
  • following a relaxation of European Union state aid rules
  • European Commission last month changed the rules - which Britain still follows during its Brexit transition period - to allow more small firms to receive help.
  • "We have stood by business throughout this crisis, and today's announcement will mean that even more small firms will be able to access much-needed financial support," small business minister Paul Scully said.

Link here for more: Reuters