News 11bn Claimed For Furloughed Workers

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£11bn claimed for furloughed workers
19th May 2020

New figures published today (Tuesday) reveal that eight million jobs have now been furloughed with a staggering £11.1bn claimed so far through the Coronavirus Job Retention Scheme.

The new statistics on the UK-wide government support schemes also show that:

* Two million Self-employment Income Support claims have been submitted worth £6.1bn

* The Bounce Back Loan Scheme has seen 464,393 approved loans so far worth £14.18bn

* The Coronavirus Business Interruption Loan Scheme has seen 40,564 loans worth £7.25bn approved so far

* The Coronavirus Large Business Interruption Loan Scheme has seen 86 approved loans totalling £0.59bn.

Chancellor of the Exchequer Rishi Sunak said: “Our plan to support businesses and individuals is one of the most comprehensive in the world. As these figures show, we are currently supporting millions of workers and businesses through these tough times so we can recover as quickly as possible.”