First Indian-origin Finance Minister of UK unveiled 330-Billion Pound Rescue Package

First Indian-origin Finance Minister of UK unveiled 330-Billion Pound Rescue Package

The first Indian-origin Finance Minister of the United Kingdom Rishi Sunak unveiled a 330-Billion Pound Rescue Package, which aims to help the businesses of the country to survive the impact of the coronavirus pandemic.

The £330 billion of loan guarantees will help them meet their day to day needs during the lock-down. He also extended a business rates holiday and cash grant to all businesses in the retail and hospitality sector for 12 months.

Originally written on March 19, 2020 and last modified on November 21, 2020.
Tags:

Leave a Reply

Your email address will not be published. Required fields are marked *