The UK government declared openly that the pandemic job support scheme will be extended by one month to support millions of workers.
Finance Minister of the UK government, Rishi Sunak extended the UK government’s business loan scheme and he also added that he will present his next budget on March 3, 2021. Some recent data showed that nearly 9.8 million people have benefited from the furlough plan.
So far the Uk government has spent £310 billion on emergency measures. Many economists are not happy with this decision. According to them, it can double up this damage.
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