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£35bn provided to 830,000 businesses by lenders through COVID-19 loan schemes


The Treasury has revealed that the banking and finance industry has backed over 830,000 UK businesses through the government’s coronavirus loan schemes, providing them with £34.9bn. It also said that £3.6bn has been granted to 85,000 businesses in the past week, with more applications expected to be approved in the coming days as the industry continues to help the UK get through the coronavirus crisis.


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