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© Shutterstock / Quality Stock Art Thank you for signing up to The Press and Journal newsletter. Something went wrong - please try again later. Sign Up The Federation of Small Businesses (FSB) is one of the partners behind a new report which recommends offering struggling companies the option to convert state-backed loans into employee ownership trusts (EOTs). FSB and Ownership at Work (OaW), Ownership at Work, a charitable independent think tank that aims to raise understanding and awareness of the impact of employee ownership, say it will protect livelihoods and spur productivity According to the Office for Budget Responsibility, 40% of Covid-19 bounce-back loan borrowers may default.

United kingdomMichal wachucikMartin mctagueNigel masonFederation of small businessesOffice for budget responsibilityPost thumbnailQuality stockSmall businessesBudget responsibilityDebt recovery planUnited kingdom governmentஒன்றுபட்டது கிஂக்டம்நைகல் கொத்தனார்கூட்டமைப்பு ஆஃப் சிறிய வணிகங்கள்அலுவலகம் க்கு பட்ஜெட் பொறுப்பு