Cases cross 2,600 as UK releases $398bn

Coronavirus cases in the UK rose by nearly 700 in the past 24 hours to 2,626, with at least 104 people dead, as the British government announced a massive rescue package of loans and grants for businesses worth more than £330 billion ($398bn) .

The pound slipped to its lowest level in 35 years to $1.18 on Wednesday. The usually feisty Prime Minister’s Questions in the House of Commons had low attendance after MPs were told not to attend if not asking questions. Prime Minister Boris Johnson said closing schools may be necessary soon.

The Department of Health said that as of 9am on Wednesday, 56,221 people were tested, of whom 53,595 were confirmed negative and 2,626 confirmed positive. Boroughs in London and nearby areas had the most cases.

Amid concern over low testing of people including doctors, many of whom are of Indian origin, health officials said they are working to increase the number of tests to 25,000 a day within four weeks.

Supermarkets in London and elsewhere continued to witness panic buying, with some limiting the items customers can buy.

Sainsbury’s and Asda said they are stopping shoppers buying more than three of any particular food item, while Sainsbury’s is prioritising vulnerable and elderly people for online deliveries. The curbs also apply to cleaning and toiletry products.

Ministers announced help with mortgage payments, and support for airlines, shops and the hospitality industry. The Bank of England said it will set up a new lending facility for affected businesses.