Coronavirus: Government under fire for cheap loans to big firms

Coronavirus: Government under fire for cheap loans to big firms

Image copyright Getty Images Image caption German chemicals company BASF borrowed more than £1bn

The government has been criticised for handing out more than £16bn in cheap loans to well-known firms such as John Lewis and Tottenham Hotspur.

Of that, £1bn was lent to a German chemicals giant, while the UK’s biggest airlines have borrowed almost £2bn.

But senior Labour MP Margaret Hodge has…

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