World News – UK – £ 46 billion in new lockdown grants to support businesses and protect jobs

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Retail, hospitality, and leisure businesses are eligible for a one-time grant of up to $ 9The Chancellor announced that she would receive GBP 000

This follows on from the Prime Minister’s announcement last night that these stores will be closed until at least halfway through February to help fight the virus and, along with the broad range of support available, provides them with the spring security period / p>

Cash is provided per property to help businesses with the latest restrictions It is expected that more than 600000 commercial properties with a total value of 4 billion Benefit GBP in all UK countries

The new strain of the virus poses a major challenge for all of us – and during the introduction of the vaccine we had to tighten restrictions even further

During the pandemic, we took rapid action to protect lives and livelihoods Today we are announcing another cash injection to support companies and jobs until spring

This will help companies get through the months to come – and most importantly, it will help keep jobs so workers are ready to come back when they can reopen

For the local authorities and the decentralized administrations, another 594 million GBP provided to assist other businesses that are not eligible for the grant and may be affected by the restrictions Businesses should contact their local authorities

The new one-time grants are in addition to billions of existing business support, including grants worth up to 3£ 000 for closed businesses and up to £ 2£ 100 per month for affected businesses after they reopen

The government has also given retail, hospitality and leisure businesses 100% corporate rate relief of £ 1 billion in existing local government discretionary funding, the vacation program has now been extended through April, and 100% government-backed loans have been extended through March extended

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