On 17 March 2020, the UK Chancellor announced a series of measures to support UK businesses. £330billions of Government guarantees for bank loans. CILS (Coronavirus Interruption Loan Scheme) extended from £1.2 million up to £5millon – starting 17th March. Funding grants for up to £25,000 for smaller businesses. How does the CILS work? Coronavirus interruption […]
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