FabSwingers.com forum: Bailout? What bailout?

By (user no longer on site) OP
over a year ago

£40bn in loans. 130 000 applications. 1000 successful. So what was this really? Boris making a raid on the treasury and giving it to his mates.

Where is the money coming from? Because if it comes from a mysterious source and get paid back by the taxpayer then it will be the biggest money laundering scam ever under our noses.

Businesses have now writren to the chancellor and asked where is this business support?

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By *mmabluTV/TS
over a year ago

upton wirral

"£40bn in loans. 130 000 applications. 1000 successful. So what was this really? Boris making a raid on the treasury and giving it to his mates.

Where is the money coming from? Because if it comes from a mysterious source and get paid back by the taxpayer then it will be the biggest money laundering scam ever under our noses.

Businesses have now writren to the chancellor and asked where is this business support?"
Of course the tax payer has to psy it back there will be a big recession world wide like non of us have seen before,take a look at the thirties or the years WW2

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By (user no longer on site)
over a year ago

"£40bn in loans. 130 000 applications. 1000 successful. So what was this really? Boris making a raid on the treasury and giving it to his mates.

Where is the money coming from? Because if it comes from a mysterious source and get paid back by the taxpayer then it will be the biggest money laundering scam ever under our noses.

Businesses have now writren to the chancellor and asked where is this business support?"

Source?

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By (user no longer on site) OP
over a year ago

"£40bn in loans. 130 000 applications. 1000 successful. So what was this really? Boris making a raid on the treasury and giving it to his mates.

Where is the money coming from? Because if it comes from a mysterious source and get paid back by the taxpayer then it will be the biggest money laundering scam ever under our noses.

Businesses have now writren to the chancellor and asked where is this business support?

Source?"

https://www.telegraph.co.uk/business/2020/04/02/chancellor-relaxes-rules-emergency-loans-small-businesses/

"The Chancellor relaxed rules governing the Coronavirus Business Interruption programme after statistics revealed that more than 130,000 small firms have made an inquiry so far - but fewer than 1,000 have secured funding"

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By (user no longer on site)
over a year ago

"£40bn in loans. 130 000 applications. 1000 successful. So what was this really? Boris making a raid on the treasury and giving it to his mates.

Where is the money coming from? Because if it comes from a mysterious source and get paid back by the taxpayer then it will be the biggest money laundering scam ever under our noses.

Businesses have now writren to the chancellor and asked where is this business support?

Source?

https://www.telegraph.co.uk/business/2020/04/02/chancellor-relaxes-rules-emergency-loans-small-businesses/

And Rishi is relaxing the rules to make the process quicker.

You mentioned that Boris gave them all to his mates. Where does that claim come from?

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By *ercuryMan
over a year ago

Grantham

Firms still have to meet criteria to get a loan. Its not free money to bail out ailing businesses.

Much more needs to be done though. I did receive an email from HMRC last night, saying that furlough schemes are nearly ready to role out.

My SBRR grant came through this week. I hope that that helps a lot out.

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