Business Watch
Banks are asking for up to 22% interest and personal guarantees (ie we take your house if your business goes under) on the Government backed loans to small businesses during the crisis.
Government awards contract to build 10,000 ventilators to Dyson. Yes, the James Dyson who took his company (and it’s tax liability) out of the country, along with the majority of its manufacturing and R&D capacity, and his own personal tax home, out of the country in the lead up to Brexit, while publicly supporting Brexit. Mates rates innit. The ventilators have yet to pass medical devices regulation and some parts will need to be imported.