Bounce-back loan losses

[ladymuck]

Not risk free - they agreed to pursue these debts in the same way they’d pursue their own loans, so extra costs + rep damage of taking lots of firms to court

Meh, hardly worth mentioning. Most banks have a dire attitude towards SMEs at the best of time.

[AtW]

Meh, hardly worth mentioning. Most banks have a dire attitude towards SMEs at the best of time.

Yet, banks are said to have lobbied hard against it

Probably won’t be a problem now that we are faking collapse of banks in the first place