Chancellor Rishi Sunak could underwrite around £17,000 of every worker's salary in huge new coronavirus bailout today. Chancellor Rishi Sunak is set to unveil more measures to prop up the economy later. The business rates relief doesn't apply to us and the loans are going to take too long to come through. Mr Sunak has already announced £330billion in loans for firms and a business rates holiday for smaller companies to prop up the economy. Mr Sunak was under increasing pressure to announce measures to support workers and renters after announcing Government-backed loans worth £330 billion to shore up companies.

Source: Daily Mail March 20, 2020 07:46 UTC