The Chancellor has launched a scheme to help British start-ups get through the COVID-19 lockdown. As
The Telegraph explains the new scheme will allow start-ups to take out loans, up to GBP5m,
which if left unpaid will be turned into equity. The paper points out that this could provide a lifeline to many but also risk leaving the tax payer with worthless investments in failed companies.
Read the whole story at The Telegraph »
