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Private Equity-Owned Firms Granted Access To U.K. Loans Program

  • Government aid to include firms with revenue over $600 million
  • PE-backed firms had complained of missing out on state support
Rishi Sunak
Rishi SunakPhotographer: Matt Dunham/AP Images

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Private equity-backed firms will be able to access the U.K. government’s emergency loan scheme and borrow up to 50 million pounds ($62 million) in state-guaranteed debt.