Sunak must step in to prevent (CBILS) calamity, says logistics industry

2020-04-29
On 2 April, Chancellor Rishi Sunak MP announced changes to the government’s Corona Business Interruption Loan Scheme (CBILS), vowing to take “all action necessary” to make sure government backed loans were benefitting businesses as planned.  But only a month later, FTA, the business group representing the logistics sector, has called on Mr Sunak to step in again and make the scheme work for businesses across the sector, many of which are currently being stalled or ignored by lenders.
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