UK industry silent as HM Treasury reiterates its stance on £1bn Pool Re Covid-19 scheme

Pool Re – 11 Downing Street

The UK Government has responded to an industry request to take £1bn ($1.27bn) from Pool Re and gift it to Covid-19 affected SME businesses by reiterating its position that the UK taxpayer must not be disadvantaged by the proposed move, The Insurer can reveal.

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