UK to extend length of Covid bounceback loans from six to 10 years

World

Reuters
24 September, 2020, 07:10 pm
Last modified: 24 September, 2020, 07:13 pm

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UK to extend length of Covid bounceback loans from six to 10 years

Reuters
24 September, 2020, 07:10 pm
Last modified: 24 September, 2020, 07:13 pm
Photo: Precondo.ca via Pixabay
Photo: Precondo.ca via Pixabay

Britain will extend the length of bounceback loans for businesses, introduced to mitigate the impact of the Covid-19 pandemic, from six years to 10 years, finance minister Rishi Sunak said on Thursday.

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loans / extend length

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