LONDON, Sept 24 (Reuters) - Britain will extend the length
of bounceback loans for businesses, introduced to mitigate the
impact of the COVID-19 pandemic, from six years to 10 years,
finance minister Rishi Sunak said on Thursday.
(Reporting by David Milliken; writing by Costas Pitas; editing
by Sarah Young)
UK plans new system to tackle small bank failures after SVB collapse
LONDON, Jan 11 (Reuters) - Britain's finance ministry plans to introduce new procedures to manage the failure of small banks more effectively, it said on Thursday, following last year's high-profile collapse of U.S.-based Silicon Valley Bank (SVB).
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