UPDATE 1-UK firms using COVID borrowing scheme face dividend and bonus curbs
British businesses will face
curbs on dividends and executive pay if they get more than 50
million pounds ($61 million) of government-backed coronavirus
loans or borrow from the Bank of England for more than a year.
curbs on dividends and executive pay if they get more than 50
million pounds ($61 million) of government-backed coronavirus
loans or borrow from the Bank of England for more than a year.
Posted by Reuters