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Clifford Chance

Clifford Chance


Coronavirus: UK Government announces aid for business

20 March 2020

The UK Government has announced a £350 billion package of measures to support businesses affected by the coronavirus outbreak. The package includes subsidised loans, support for the retail, hospitality and leisure businesses and grants for small businesses.

Before it is implemented, the aid package will need to be cleared by the European Commission. Clearance is expected to be swift, but could result in changes. 

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