Please find the chancellor’s earlier statement, essentially telling the banks to behave. One statistic I picked up on:
Of 130,000 ‘enquiries’ (read application), only 983 have actually been processed and converted into loans. Hmmmm……….
https://www.gov.uk/government/news/chancellor-strengthens-support-on-offer-for-business-as-first-government-backed-loans-reach-firms-in-need