UK to extend COVID loan scheme by 2 months - FT

FILE PHOTO: People walk during the morning rush hour in the financial district of Canary Wharf amid the outbreak of the coronavirus disease (COVID-19) in London

LONDON (Reuters) - Britain's government is planning to extend the period when businesses can apply for coronavirus support loans by two months until the end of March, the Financial Times reported on Thursday.

The FT said the move had been confirmed by several people familiar with the plans, and could be announced as soon as Thursday.

(Reporting by Derek Deepak Francis, writing by David Milliken,; editing by William Schomberg)