The British Business Bank is distributing an “Evaluation Report” on the impact of the COVID loan guarantees that indicates 150,000 to 500,000 businesses were saved and between 500,000 to 2.9 million jobs were maintained. The report was authored by London Economics and Ipsos. The document… Read More
Visa and Mastercard are being accused of charging “excessive” fees during the COVID-19 crisis. British retail groups are claiming that the scheme fees being charged by the payment companies have nearly doubled during the past 2 years. Retail groups in the UK have noted that… Read More
UK Fintech Previse has been approved for accreditation by the British Business Bank under the CBILS scheme, according to a note from the company. An invoice financing platform, Previse recently secured $11 million in funding through an investment round led by Mastercard and Reefknot Investments…. Read More
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