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<p>During this difficult time the Treasury recognises the extreme disruption the necessary
actions to combat Covid-19 are having on businesses, including important industries
such as travel and tourism.</p><p> </p><p>That is why the Government has announced
unprecedented support for individuals and businesses to protect against the current
economic emergency. This includes a business rates holiday, grants to smaller businesses,
and a package of government-backed and guaranteed loans through the Coronavirus Corporate
Financing Facility (CCFF), the Coronavirus Business Interruption Loan Scheme (CBILS)
and the Coronavirus Large Business Interruption Loan Scheme (CLBILS). Together these
schemes ensure almost all viable UK businesses can apply for a government backed loan.</p><p>
</p><p>Travel and tourism industries can further benefit from the Coronavirus Job
Retention Scheme.</p><p> </p><p>The government will not be able to protect every single
job or save every single business, but these measures will support millions of families,
businesses and self-employed people to get through this and emerge on the other side
both stronger and more united.</p>
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