£1.25 Billion Coronavirus Package To Protect Firms Driving Innovation

Rishi Sunak, chancellor of the Exchequer, has announced a £1.25 billion coronavirus package to help UK firms driving innovation, including a £500 million investment fund for high-growth businesses affected by the pandemic. In addition, there will be £750 million of targeted support for small to medium-sized enterprises (SMEs) that are focusing on research and development. The aim of this targeted …