The Government must make lenders move faster to access the special loan scheme or businesses will fail, says the FTA. On 2 April, Chancellor Rishi Sunak MP announced changes to the government’s Corona Business Interruption Loan Scheme, vowing to take “all action necessary” to make sure government backed loans were benefitting businesses as planned. But only a month later, FTA, the business … [Read more...]
British car makers’ tough challenges after Brexit
The automotive sector is unlikely to get any special treatment from Europe after Brexit.Chancellor Angela Merkel says the car industry as vulnerable to any British attempt to strike market-access deals ahead of the UK's exit from the European Union.In a closed-door meeting with German lawmakers, Merkel said some industries might press for such accords with the UK government and that … [Read more...]
