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United Kingdom: The government introduces the new recovery loan scheme

Description

On 3 March 2021, the UK government announced introducing the recovery loan scheme to help businesses affected by the COVID-19 outbreak. The loan scheme is designed to support businesses to take out ad...

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Intervention Details

Intervention Type

Loan guarantee

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

06 Apr 2021

Revocation date

31 Dec 2021

Implementation level

NFI

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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