Bank of England helps Europe’s billionaires

During this time of unprecedented crisis and vagueness about the future, many business owners are struggling to keep their businesses alive and looking for a financial helping hand. In a unique case, companies owned by European billionaires have received emergency financial aid totaling over 16 billion pounds ($20.6 billion). This emergency financial aid, launched by the Bank of England, is called COVID Corporate Financing Facility (CCFF)....

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