(Bloomberg) --
British Prime Minister Boris Johnson declared the U.K. is fighting a war against the coronavirus outbreak as his government pledged a massive package of loans and grants for businesses to shore up the economy.
Help was announced with home loan costs, airlines and the hospitality industry as ministers pledged 330 billion pounds ($398 billion) worth of government-backed loans for struggling companies.
“We must act like any wartime government and do whatever it takes to support our economy,” Johnson told reporters at a press conference in London on Wednesday.
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