Given the scale of the coronavirus outbreak, News Daily will from now on focus on the latest developments each day in the pandemic. We’ll suggest some other stories you might like at the end.
Huge UK aid package
“We must act like any wartime government and do whatever it takes to support our economy.” The words of the prime minister on Tuesday ashe announced a raft of measures worth £350bnto mitigate the financial impact of coronavirus. It includes mortgage and business rates “holidays”, £330bn in loans and £20bn in other aid to protect firms. Pubs and retailers will be offered grants to help them survive.
Nevertheless,the BBC’s political editor Laura Kuenssberg saysthe government had to act fast and act credibly in the face of mounting criticism and there’s no doubt this is a huge move – a massive state intervention which will have enormous implications for the taxpayer for years and years to come.
The virus has now infected more than 185,000 people worldwide with 7,500 deaths.All 50 US states have now reported casesand restrictions on public life continue to spread with the virus. Las Vegas is closing all non-essential businesses, including casinos, San Francisco has ordered 6.7 million residents to stay home for all but the most crucial outings until 7 April and New York is considering a similar lockdown. Like the UK,the US has announced a huge stimulus package, but the race to be the man who takes on Donald Trump for the presidency this yearhas been thrown into uncertainty.