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Karen Dee

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UK Grants Almost $400 Billion in 'Wartime Funding' to Help Businesses
March 18th, 2020 - 11:52 GMT

UK Grants Almost $400 Billion in 'Wartime Funding' to Help Businesses

The U.K.'s chancellor of the exchequer on Tuesday announced £330 billion ($398 billion) in loans to businesses as part of an “unprecedented” financial support package to the British economy, following the coronavirus outbreak. Rishi Sunak said he was willing to do “whatever it takes” to keep companies and employees afloat, and was willing to provide more assistance if needed. He was speaking at a news conference alongside Prime Minister Boris ...
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