British banks grapple with business demands for coronavirus lifelines
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LONDON (Reuters) - Some banks in Britain are struggling to provide financial support to homeowners and businesses battered by the coronavirus pandemic, with demand surging after the government announced a series of aid measures including an emergency lending scheme.Finance minister Rishi Sunak on Tuesday pledged a 330 billion pound lifeline of guaranteed loans for businesses in trouble and to provide a further 20 billion pounds in tax cuts, grants and other help. He also said homeowners in..