Tag: bonuses

Coronavirus: Bosses’ bonuses banned in exchange for virus loans

Image copyright Getty Images Large firms who borrow from the UK taxpayer will be banned from paying bonuses and dividends, according to the Treasury and the Bank of England. The limit on the Coronavirus Large Business Interruption Loan Scheme has been lifted from £50m to £200m. Firms who want more than £50m will face restrictions until the loan is repaid.… Read more →

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