But experts have warned two million jobs are still at risk
The government has spent more than £52 billion supporting UK companies through the coronavirus crisis – but experts have warned two million jobs are still at risk as theThe Treasury said today £34.7 billion has been paid out to 9.6 million workers on the furlough scheme since the start of the pandemic, while £7.8 billion has been granted to workers who applied for the first part of the self-employment income support scheme.
However, the majority of financial support has been given through the Bounce Back Loan scheme, which can provide small companies with 100% state-backed loans worth up to £50,000.Meanwhile, £35.47 billion has been approved to help 1,174,854 small UK companies survive the pandemic, while £13.68 billion has gone towards assisting 60,409 slightly larger businesses through the Coronavirus Business Interruption Loan Scheme.
Rishi Sunak promised ‘no one would be left behind’ in March – but campaign group ExcludedUK is currently fighting to help those who were not eligible for the financial schemes, with more than 200 MPs calling on the government to take action.
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