20-03-2020 13:01 via retailgazette.co.uk

Coronavirus: New financing facility to support retail cash flow

// HM Treasury will launch Covid Corporate Financing Facility to support business cash flow
// The facility is separate to the £330bn package of government guarantees announced by the ChancellorHM Treasury and the Bank of England have confirmed they will launch the Covid Corporate Financing Facility (CCFF) to support retailers experiencing disruption in their cash flows due to the coronavirus outbreak.
The CCFF will be introduced from March 23, and it is separate to the £330 billion
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