£four.6 bn in new lockdown grants to assist UK companies


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British companies within the retail, hospitality and leisure sectors will obtain a one-off grant value as much as £9,000, chancellor of the exchequer Rishi Sunak has introduced. This follows Prime Minister Boris Johnson’s current announcement that these enterprise will likely be closed till at the least February half-term to assist management the novel coronavirus.

A £594-million discretionary fund has additionally been made accessible to assist different affected companies, an official launch mentioned.

All this comes along with £1.1 billion additional discretionary grant funding for native authorities, Native restriction assist grants value as much as £three,000 a month and extension of the furlough scheme.

The money is supplied on a per-property foundation to assist companies by way of the most recent restrictions, and is anticipated to learn over 600,000 enterprise properties, value £four billion in whole throughout the UK.

Fibre2Fashion Information Desk (DS)


British companies within the retail, hospitality and leisure sectors will obtain a one-off grant value as much as £9,000, chancellor of the exchequer Rishi Sunak has introduced. This follows Prime Minister Boris Johnson’s current announcement that these enterprise will likely be closed till at the least February half-term to assist management the novel coronavirus.





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