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Will government rescue package be enough for firms?

Simon Jack  |  March 23, 2020

By Simon Jack, includes “Question: How do we know that the banks wouldn't have lent the money anyway - and are thus getting an 80% guarantee from taxpayers? Answer: No-one cares right now. Lending industry bosses admit this is a potential problem but the urgency of the situation means we can't be too squeamish about potential abuses of the system. We can retrospectively punish bad behaviour where necessary.”

Read the full article on: BBC News (UK)

 
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