With the pandemic having such a negative impact on so many, especially with regards to their finances, the data shows that more than 1.4 million loans have supported businesses and protected jobs across all sectors, with retail and construction having benefitted the most.
The Chancellor of the Exchequer, Rishi Sunak, commented, “Throughout this crisis, we have provided more than £280 billion of support to protect jobs and livelihoods up and down the country.
“We are committed to continuing to ensure jobs are protected and opportunity is created.”
Business Secretary, Kwasi Kwarteng, added, “These figures show very clearly that we have delivered on the solemn promise we made to support businesses across every part of the UK.
“While there are still tough times ahead, we will continue to offer all the support we can to protect jobs and keep businesses afloat so we can look to not only restart our economy, but build back better from the pandemic.”
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