Commenting on the extension of the CLBILS scheme, including extending the lending limit to £200m, BCC Head of Economics Suren Thiru said:

“It is good to see the government continue to listen to business concerns and make improvements to existing schemes.

“These important changes could make a real difference to larger firms in particular and alongside the other lending support schemes will help ensure that more businesses of all sizes get access to the finance they need to help weather this unprecedented economic storm.”