Saturday, 3 February 2018

Carillion contractors to get loans in £100m Government-support package

Contractors hit by the collapse of Carillion will be able to apply for Government-backed loans as part of a £100m support package.
The British Business Bank will support high street lenders to give loans to small and medium-sized businesses and individuals who are owed money by the outsourcing company, Business Secretary Greg Clark has announced.

It comes after three high street banks agreed to provide "tailored support" to contractors affected by the collapse of the company which owed massive sums when it fell into liquidation in January.

SKY             News.