British Chancellor of the Exchequer Rishi Sunak shared an update on Tuesday on the U.K.’s economic response to the COVID-19 pandemic, which has put stress on economies around the world. Sunak said that the government will be providing £330 billion in “guaranteed, government-backed loans” to support businesses.
Economy
Coronavirus outbreak: U.K. announces £330 billion in government-backed loans to support businesses amid COVID-19 pandemic
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