Source · Select Committees · Treasury Committee
Recommendation 11
11
Paragraph: 100
It remains unclear how the Government expects businesses to pay back loans in the future.
Conclusion
It remains unclear how the Government expects businesses to pay back loans in the future. The crisis and the lockdown of the economy meant that businesses have largely forgone revenue which many are unlikely to make up in the future and revenue is also likely to be suppressed in some sectors for some time.
Paragraph Reference:
100
Government Response
A response document is linked to this report, dated 20 November 2020. Response attribution to this conclusion has not been verified. Read the response document ↗