In his column on this site today , Ryan Bourne says that Rishi Sunak’s latest package of measures “has Government mimicking a missing insurance market, with cash payments and low cost loans available such that “good firms” remain tied over through this year, with further unspecified support to ensure they maintain employment too”.
But he then adds “as the OBR’s Sir Charles Bean said yesterday, the longer this runs, the less likely loan, even on favourable terms, can plug firms’ budget shortfalls without endangering insolvency. So the Government would have to turn to taxpayer grants”.
Our columnist is concerned about the […]
Full Post at www.conservativehome.com