Brexit loan-scheme to be announced for businesses later today

The government’s announcing a new 300 million euro Brexit Loan Scheme for businesses today.

Firms with fewer than 500 employees will be able to apply for loans of between 25 thousand and 1.5 million euro.

It’s to try and help businesses deal with the challenges they’re facing from Brexit.

Director of the Small Firms Association, Sven Spollen-Behrens, has welcomed the initiative: