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Sky News reports that UK banks are being.........>

UK
UK: Sky News reports that UK banks are being ordered to agree to an
interest-rate of less than 3% on so-called "bounce back loans" that are being
provided under the government's latest plan to prevent SMEs from collapsing. Sky
reports that the Treasury will inform lenders on Friday about that "reversion
rate", which they will be allowed to charge on those loans after the first 12
months of no interest/fees/capital repayments have expired.

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