Taxpayer Losses Could Hit $30 Billion on U.K.’s Covid Loans
A stall holder gives a five pound banknote as change to a customer in Norwich, U.K. (Photographer: Chris Ratcliffe/Bloomberg)

Taxpayer Losses Could Hit $30 Billion on U.K.’s Covid Loans

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(Bloomberg) -- The U.K. government estimates it could lose as much as 23 billion pounds ($30 billion) on loans it guaranteed to help prop up businesses during the pandemic.