'More than one and a half million new claims have been made to universal credit [and] over four million jobs have now been furloughed,' said Rishi Sunak.
On 4/27/20 at 12:18 PM EDTAround 25 percent of businesses in the U.K. are no longer trading because of the impact of COVID-19, U.K. Chancellor of the Exchequer Rishi Sunak has told the House of Commons.
"More than one and a half million new claims have been made to universal credit, over four million jobs have now been furloughed and survey evidence suggests a quarter of businesses have stopped trading," he said. "The [Office for Budget Responsibility] has been clear that if we had not taken the actions we have, the situation would be much worse. The [International Monetary Fund] has said that our approach has been aggressive and right. And taken together, I believe our response has been one of the most comprehensive of any country anywhere in the world."
On his return to work, Prime Minister Boris Johnson said that it was too soon to ease the lockdown and would"throw away all the effort and the sacrifice of the British people."
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