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United Kingdom: The government launches the Bounce Back Loan Scheme (BBLS) for small businesses affected by the Coronavirus

Description

On 27 April 2020, the government of the United Kingdom announced the Bounce Back Loan Scheme (BBLS) for small businesses affected by the Coronavirus outbreak. Under the BBLS, the UK government provide...

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Intervention Details

Intervention Type

Loan guarantee

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

27 Apr 2020

Revocation date

31 Mar 2021

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

SMEs

Affected Trading Partners

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