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UK lends 57.3 billion pounds to businesses through COVID loans - data

FILE PHOTO: The sun sets over the skyscrapers of the City of London financial district, amid the coronavirus disease (COVID-19) outbreak in London, Britain September 13, 2020. REUTERS/Simon Dawson

LONDON (Reuters) - Lending to British businesses through the government’s main COVID-19 loan schemes stood at 57.3 billion pounds as of Sunday, up from 52.6 billion pounds a month ago, the finance ministry said on Tuesday.

The total cost of the government’s furlough scheme, which has supported 9.6 million jobs since March, stood at 39.3 billion pounds, up from 35.4 billion pounds a month earlier.

Reporting by Andy Bruce; editing by Sarah Young

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