Rescue plan covers 80% of UK employment and business turnover – Sunak

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Britain’s Chancellor Rishi Sunak holds a digital coronavirus disease (COVID-19) news conference with Deputy Chief Medical Officer, Dr Jenny Harries (not pictured) at 10 Downing Street, in London, Britain March 26, 2020. Pippa Fowles/10 Downing Street/Handout via REUTERS

LONDON (Reuters) – Britain’s finance minister said on Thursday that the government’s loan guarantee schemes for small and large firms cover 80% of employment and business turnover across the country.

“That still does leave a small 20% gap in the middle – we are finding ways to try and address that gap as well,” Rishi Sunak said at the government’s daily press conference.

Reporting by Elizabeth Howcroft, editing by Estelle Shirbon

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