RISHI SUNAK has said more than two million claims for one-off grants, worth £6 billion, were made under a scheme to provide income support for self-employed people during the coronavirus crisis.
"Those people will have the money in their bank accounts within six working days of their claim," the chancellor told Parliament on Monday (18).
The scheme, which was launched last week and provides grants of up to £7,500 pounds, is part of the government's attempts to soften the hit of the coronavirus shutdown on the economy.
Sunak said the centrepiece of Britain's economic policy response to Covid-19 -- a programme to pay 80 per cent of the wages of temporarily laid-off employees -- now covered 8 million workers.
A week ago, Sunak said the Coronavirus Job Retention Scheme covered 7.5 million people and was costing around £8 billion a month.
The idea was simple yet ambitious: build a platform that provided authentic, well-researched information AMG
One of his most frequent recommendations: track every rupeeAMG
From building communities around cars to transforming how young Indians perceive moneyAMG
