Chancellor Rishi Sunak has announced government intervention in relation to the Covid-19 crisis which will support business but may leave vulnerable workers wanting, according to wealth sector sources.
At the government's now-daily Coronavirus press conference yesterday (17 March), Mr Sunak said the taxpayer will guarantee £330 billion of business loans, equivalent to 15 percent of GDP, on “attractive terms”.
He also pledged to provide more money if necessary.
Simon Rothenberg, senior manager at tax and advisory firm Blick Rothenberg, welcomed the announ...