Global Trade Alert
Global Trade Alert

United Kingdom: Bank of England announces that the CCFF holds an outstanding debt of USD 83 million from Flight Centre UK on 9 July 2020

Announcement

09 Jul 2020

On 9 July 2020, the Bank of England announced the list of businesses with outstanding Commercial Papers held by the Covid Corporate Financing Facility (CCFF) scheme. Flight Centre UK was introduced in the list for the first time. The Bank confirmed that the debt held by this company was USD 83 million.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

09 Jul 2020

Revocation date:

No revocation date

Updated: 09 Jul 2020
State loan In force
On 9 July 2020, the Bank of England announced that Flight Centre UK was introduced in the list of businesses with outstanding Commercial Paper held by the Covid Corporate Financing Facility (CCFF) sch...
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