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<p>The UK Government is focused on supporting Welsh businesses and jobs through the
Covid-19 outbreak. We have provided over £1.3 billion in Bounce Back Loans, £374 million
in Coronavirus Business Interruption Loans, £523 million through the Self-Employed
Income Support Scheme, as well as £20 million through the Future Fund.</p><p> </p><p>The
UK Government has also protected over 400,000 Welsh jobs through the Job Retention
Scheme, introduced VAT deferrals and VAT cuts for the tourism industry, provided an
additional £9.3 billion to the welfare system across the UK, and created new innovative
schemes such as ‘Eat Out to Help Out’ from which Wales has benefitted to the value
of £13 million.</p><p> </p><p>On top of this direct support we have provided the Welsh
Government with a £5.2 billion funding guarantee for the current financial year to
help tackle coronavirus. The Welsh Government will also receive an additional £1.3
billion next year, including £770 million for tackling the pandemic.</p>
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