Adviser access to £350bn Govt coronavirus 'war chest' in doubt

clock • 3 min read

Advice businesses may be blocked from accessing the Government's multi-billion pound coronavirus business bailout package, Beaufort Group has warned. The stimulus package announced late yesterday afternoon includes a £330bn book of Government-backed loans for firms adversely affected by the global pandemic. An additional £20bn in grants and tax relief measures was also promised by Chancellor Rishi Sunak. However, whether advice firms will be able to access the measures was questioned by Beaufort Group chairman Simon Goldthorpe. He explained: "The Chancellor's unprecedented ann...

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