Nick Burroughs - Business Leader and Managing Director of PMD ltd. Advocate of sustainable development and Passivhaus in particular. Local junior rugby coach.
@BBCSimonJack My daughter has just laid off 70 staff then agreed to take zero pay for the next three months (followed by redundancy if no change). We all need access to these loans and cash without strings or guarantees, otherwise the directors will be given their kidney's and more... HELP US
@BBCSimonJack Hi Simon, please help, the Business loans being offered are using the EFG scheme where Directors need to provide personal guarantees to get the money. If they could they would have already. Please challenge the Chancellor on this otherwise there will be NO take up. PLEASE !
@faisalislam Faisal, the issue for business is that the loans are based on the EFG system and so personal guarantees are required from the Directors so it is their risk and not the Govt's. Please help to challenge this otherwise there will be no take up....
@bbclaurak Laura, please challenge the Chancellor tomorrow on the business loans, currently they require a personal guarantee from the Directors, so govt not taking the risk. This will kill their take up and effect - please help by challenging them.
@RishiSunak Can you please make clear to the Business community the basis of these loans. It is widely reported that a personal guarantee will be required by directors of the businesses involved as in the current EFG scheme.
Loans are fine but guarantees will kill the effect.