UK saved 1,800 jobs in the steel industry with a £30mn emergency COVID loan
During the COVID-19 pandemic, Celsa secured a £30 million COVID emergency loan for their facility in Cardiff which saved 1500 pre-existing jobs directly and created 300 jobs indirectly.
What is happening with the Bounce Back Loan Scheme?
Reports estimate £4.3 billion was been written off as being lost to fraudsters since the start of the Bounce Back Loan Scheme.
As recession looms, British business sends out lending SOS
As inflation rockets and recession looms, many British businesses are struggling to secure affordable bank finance, piling pressure on the embattled UK government as it unveiled a budget aimed at reviving the economy.
Britain's Lloyds racks up $350 million of likely scam COVID loans
Lloyds Banking Group has been hit by more than 300 million pounds ($348 million) of suspected fraud linked to COVID-19 pandemic-era recovery loans for small businesses, the highest among big bank peers, according to government data.
Global firms warn of sluggish China demand due to lengthy COVID curbs
Retail sales in April shrank 11.1% year-on-year, after falling 3.5% in March.
Kate Middleton and Meghan Markle's wedding gown maker on the brink of homelessness
Chloe appliquéd all the lace to Kate's gown and shoes, and also worked on her "elasticated blue silk and white lace garter."