UK to spend $374 billion this year to weather COVID, Sunak says

LONDON (Reuters) – Britain’s government will spend 280 billion pounds ($374 billion) this year to help the country weather the COVID-19 pandemic, finance minister Rishi Sunak said on Wednesday.

“Taken together, today’s figures confirm: This year, we are providing 280 billion pounds to get our country through coronavirus,” Sunak told parliament.

($1 = 0.7490 pounds)