Chancellor right to "streamline the support" and slash red tape for small business loans, says TaxPayers' Alliance

"With UK loans lagging behind Swiss and German schemes, the chancellor is right to heed our advice to streamline the support and open up emergency cash to the small firms who need it.

“Having accepted that the extraordinary measures to tackle the coronavirus crisis, Brits want to see taxpayer-funded support delivered quickly and efficiently, without reams of red tape standing in the way.

"With the process streamlined, ministers can protect taxpayers with more stringent legal measures under the Fraud Act, to fine and prosecute those who try to cheat the system.”