Restaurant issues "War Bonds" in UK to raise capital
I found this fascinating and shows how we are inquistive, inventive and inspired during economic downturns.
In the world's best financial news source, The London Financial Times newspaper is the article.
Basically, they are issuing 'vouchers, to rais capital for the shutdown. A very clever idea and one that I think the US could easily embrace.
The Small Business Pandemic will never have enough money to help every business, so this scheme might work here.
(a subscription is required to read the entire article at ft.com)
https://www.ft.com/content/4a2ac3af-1400-4dd1-8030-812d7e9708cc
or on Twitter: London restaurant offers ‘war bonds’ to ease cash flow strains
https://www.ft.com/content/4a2ac3af-1400-4dd1-8030-812d7e9708cc via @financialtimes