Economics

U.K. Releases ‘Wartime’ Funding to Save Economy from Virus

Chancellor promises $424 billion in loans, grants and tax cuts
Johnson: U.K. will do ‘whatever it takes’ to win virus battle

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U.K. Virus Adviser Warns 20,000 Dead Would Be Good Outcome

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By Tim Ross and David Goodman

March 17, 2020 at 12:46 PM UTC

Updated on

March 17, 2020 at 8:07 PM UTC

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Boris Johnson’s government announced a massive rescue package of loans and grants for businesses in a desperate attempt to stop the coronavirus pandemic wrecking the U.K. economy.

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Before it’s here, it’s on the Bloomberg Terminal

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