Sector Regulation Sector Regulation

Comment: UK lenders square up to tricky task of clawing back Covid-19 loans

By Fiona Maxwell
  • 13 Apr 2021 05:38
  • 13 Apr 2021 05:38
UK banks have lent tens of billions of pounds in emergency loans to businesses struggling due to Covid-19. Parceling the money out was easy — but getting it back looks like an increasingly large challenge.

Lenders face having to recoup those funds from borrowers whose financial difficulties haven’t gone away, and doing so in a

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