Published:
Upper Crust owner SSP gets extra £175m COVID support
The increase takes its borrowing through the programme to its max of £300 million.
Upper Crust and Ritazza cafe owner SSP Group ramped up its Government borrowing by £175 million to cope with challenging travel restrictions, The Mail on Sunday reported.
The move increase takes the travel food operator's borrowing through the Bank of England lending programme to its agreed maximum of £300million.
This also means that SSP, also an M&S Simply Food and Burger King franchisee, is amongst the biggest corporate debtors under the Covid Corporate Financing Facility (CCFF), which was launched to offer help to Britain's biggest firms through the crisis.
Read the full report here.
