Less than a week after presenting Budget 2020,1 on 17 March, the United Kingdom (UK) Chancellor, Rishi Sunak, announced a wide-ranging package of further measures to support businesses and individuals affected by the outbreak. These included £330b of Government-backed and guaranteed loans to businesses through two main schemes:To support liquidity among larger firms, there will be a new lending facility to provide low cost, easily accessible commercial paper.To support lending to small and medium sized businesses, the new Business Interruption Loan Scheme announced at the Budget last week, will now provide loans of up to £5 million, with no interest due...