Socialism is crap and proven to not work. Thankfully that’s not what we’re doing. Loans will have to be paid back, but before then the UK economy will go in to overdrive after restrictions are lifted. This isn’t a soviet collective where we live in dismal squalor. Unless you live oop north of course
It’s going to be a great time to be alive very soon.
These grants and loans are socialist ideals though. Same as the NHS. You can't get away from that.
They are paid for by the state from the taxes of the people.
I don't what the Soviets have to got to do with this but I admire your optimism.
What utter nonsense. You couldn’t get more capitalist than loans and grants.
You’re just letting your hatred of the government cloud your thinking.
There’s not a single country in the world helping out its citizens like the UK government is.
You're wrong on all counts.
A truly capitalist economy would let the forces of supply and demand determine whether businesses went under or stayed afloat even during lockdown. If the market didn't allow you to survive, you'd sink.
The government stepped in, partly because they were responsible, and helped preserve jobs and businesses and they deserve some credit for that.
But it's not just this country doing it. These grants and loans were granted under the European Commission's Temporary Framework. So the European Commission also deserve some credit and some other member nations are also benefitting.