DAILY BUSINESS BRIEFING FROM GOVERNMENT'S COVID-19 PRESS CONFERENCE
(courtesy of White Label)
The government has pledged more than £40million to support the UK’s leading scientists and manufacturers develop the world’s first COVID-19 vaccine.
Speaking at today’s Downing Street Press Conference, Health Secretary Matt Hancock said human trials would be starting this week, as work was accelerated, and he announced more than £40m in funding to support two projects for clinical trials.
“The upside of being the first country in the world to develop a successful vaccine is so huge that I am throwing everything at it,” he said.
“In the long run, the best way to defeat the virus is a vaccine,” he said. “The UK has been at the forefront of the global effort and spent more money than any other country on the global search for a vaccine and two leading advances are taking place here at home, at Oxford University and Imperial College.
“Both projects are making rapid progress and I have told the scientists we will do everything in our power to support them. At the same time, we are investing in manufacturing capability so if either of these vaccines work, we can make it available for British people as soon as humanly possible.
“The virus is a powerful enemy, but the power of human ingenuity is stronger.”
New Coronavirus business support finder tool launched to signpost businesses to the right grants, loans and funds
new ‘support finder’ tool
launched today by the government will help businesses and self-employed people across the UK to quickly and easily determine what financial support is available to them during the coronavirus pandemic.
The new online platform on gov.uk asks business owners and the self-employed to fill out a quick and simple online questionnaire. They will then be directed to a list of all the financial support they may be eligible for. You can find out more about the tool
Business Secretary Alok Sharma said: “Businesses of all shapes and sizes play a vital role in our economy, which is why we want to make it as easy as possible for all of them to access our wide-ranging package of financial support during this challenging time.”
ADDITIONAL NEW GUIDANCE RELEASED TODAY
Coronavirus Large Business Interruption Loan Scheme
Vulnerable groups set to benefit from improved legal aid support
Some of the most vulnerable people in society, including victims of domestic abuse, will be given enhanced support through their legal aid after
unveiled today (21 April 2020).