Government urged 'to throw kitchen sink' at Covid-19 crisis to save jobs

The Government was urged this evening to take “costly but bold measures” to guarantee Irish small and big companies from collapse after the British prime minister Boris Johnson declared the UK was 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 British home loan costs, airlines, and the hospitality industry, as UK ministers pledged a package that Bloomberg estimated ran to £330bn (€360bn) worth of government-backed loans for struggling companies.