The COVID Corporate Financing Facility (CCFF) has provided £30 billion of direct support to some of the economy’s largest firms, who are responsible for almost 2.5 million jobs in the UK.
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The CCFF provides temporary direct support to investment grade firms with short-term cash-flow problems and is designed to ensure that firms accessing government backed CCFF financing are then able to repay.
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UKGI, as the government’s centre of excellence in corporate finance and corporate governance, is increasing its resources to help with additional COVID-related responsibilities, including work arising from the CCFF and this review process. For further information please click here.