Coronavirus: Government loans not reaching reaching businesses

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Just 2% of the businesses questioned said they had successfully accessed the government's loan scheme

She added:"This will be a hugely worrying time for businesses in Britain and especially for the people they employ. The economy has had an extraordinary impact across the country.

"Businesses right across the country have just gone into hibernation and aren't able to function. Businesses like cinemas, shops and leisure can't operate at the moment and that's having a huge impact on the individual businesses, the people they employ and the people they serve.Just three weeks before the lockdown was implemented Amy Westwood opened a new salon, the beautician pumped in time and tens of thousands of pounds that she'd been saving for years.

"I've literally got nothing left in my business account now, it's all gone on the last things that needed to be paid. "Now going into May, I'm going to be behind on things, I'm hoping I get my grant in a week or so, so I can get on top of things and hopefully pay my staff the money that they are owed."

 

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Had more than 2% actually applied for it?

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