Labour to offer loans to help small businesses switch to electric vehicles
Labour will introduce 2.5 million interest-free loans to help small businesses, sole traders and low-income households to buy electric cars.
Speaking on the BBC Today programme, shadow chancellor John McDonnell said the loans of up to £35,000 would cover the £1,500 cost of interest on a loan, with individuals saving up to £5,000 over time.
Read more at Small Business.
