Squaring the Circle - setting the strategy for UK business 'Bounce Back' loans collections

In this paper we consider Bounce Back Loans (BBLs): what they are, how they are designed; what some of the challenges that they present might be and how Government could approach resolving these potential pitfalls to try to ensure that what was introduced as a desperately needed support mechanism for some of the six million SMEs with a turnover of £2.2 trillion contributing to the economy, does not become a burden to the taxpayer, a drag on economic recovery and a poison chalice to those that took them out.

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