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Chancellor announces extra help to protect companies

The Chancellor Rishi Sunak today announced support that is unprecedented company payday loans DE and employees – to safeguard up against the financial crisis due to the coronavirus.

This consists of loans that are unlimited guarantees to aid companies which help them handle cashflows through this era. The Chancellor can make available a short ?330 billion of guarantees – equal to 15percent of British GDP.

The Chancellor provided ?30 billion of support to the economy to deal with the crisis by investing in public services, increasing support for vulnerable people and providing business with tax reliefs and loans at last week’s Budget. Continue reading