As of today, 25,262 CBILS loans totalling £4.1 billion have been made. While that is an impressive achievement, it must be remembered there have been 52,807 applications, so less than half of all those companies which have applied for loans have been turned down.
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An early proponent of dividend recaps – the financial two-step where equity capital is replaced by debt – was Thames Water.
It would be disastrous for the Chancellor’s “growth agenda” to penalise AIM investors.
Neil and Jonathan talk to Ed Conway about the raw materials that drive our economies and who controls them.
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