Guarantee 100% of COVID-19 business loans or face economic meltdown, RHA warns government


 

Hauliers are struggling to access loans via the government’s Coronavirus Business Interruption Loan Scheme (CBILS) which could leave hundreds of operators facing financial ruin, the RHA has warned. The news comes on the same day as the road transport industry sent a joint letter to prime minister Boris Johnson pleading for extra help during the coronavirus pandemic to prevent “widescale business collapse that could reduce capacity by as much as 50%”. The CBILS launched on 23 March and aims to support the […]