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Sunak Told $6.2 Billion Isn’t Enough to Aid U.K. Lockdown Firms

  • Business groups say latest Covid-19 rules are devastating
  • CBI says furlough payments should be extended for workers
Updated on

U.K. businesses groups said the 4.6 billion pounds ($6.2 billion) of emergency aid that Chancellor of the Exchequer Rishi Sunak offered to cope with lockdowns is short of what’s needed to keep many companies out of financial disaster.

The new Covid-19 rules close schools and non-essential shops until at least the middle of February, keeping almost a third of the U.K. workforce either unemployed or on furlough. The Treasury estimated the money will help 600,000 businesses nationwide.