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Could countries attach more strings to coronavirus bailout loans?

Governments have significant leverage when they hand out large amounts of money to companies in need. Ben Chapman asks: how might they use that leverage better?

Wednesday 20 May 2020 00:44 BST
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EasyJet recently agreed £600m of financing through a Bank of England facility with no strings attached
EasyJet recently agreed £600m of financing through a Bank of England facility with no strings attached (Simon Calder)

The Treasury announced on Tuesday that it would be attaching strings to bailout funds, in line with a number of other countries.

In short, big firms who want to take out state-backed loans of over £50m cannot agree new cash bonuses or shareholder dividends until the money is paid back.

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