Germany’s BASF gets lion’s share of UK Covid-19 emergency funding
Bank of England says the chemicals giant received £1bn
04 June 2020 - 17:36
London — Germany’s BASF emerged as the biggest recipient of emergency funding from a Bank of England (BOE) programme designed to help the biggest UK companies weather the coronavirus pandemic.
The chemicals giant received £1bn, the maximum allowed, from the BOE’s Covid Corporate Financing Facility, the central bank said in a statement on Thursday...
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