@truemagic68 With a reported £1.5bn in profits.
@guardian article https://t.co/BBcijzbdmV is worth a read.
Fingers need to be pointed in all directions, not just the Government.
Accuracy of data on furloughed workers questioned with double counting workers who have more than one job & so could show up several times.
Figures suggest that more than 4m people are now relying on the scheme.
#oops#FurloughScheme
@LDNCalling Too late now. Possibly trickier given the number of global airport hubs operating across Europe.
Oz & NZ are pretty remote, much easier to lock down effectively.
The UK’s coronavirus business loan scheme has half the approval rate of its German equivalent.16,600 firms received loans of £2.8bn with approval rate of 46%.
Equivalent scheme in Germany lent €8.5bn (£7.4bn) through state bank KfW to 13,000 firms approval rate of 98% #funding
Looming issue for retail is when shops are allowed to open, staff back on full pay, rent or rates rebates close.... is anyone going to be spending? #retail#Finance
The Los Angeles Lakers received and then returned a loan from the federal government’s Paycheck Protection Program for small businesses https://t.co/LmlTdtMpEe