Tuesday, January 05, 2021

UK - Prime Minister announces national lockdown £4.6 billion in new lockdown grants to support businesses and protect jobs

The Prime Minister has announced a national lockdown and instructed people to stay at home to control the virus, protect the NHS and save lives.

  • Chancellor announces one-off top up grants for retail, hospitality and leisure businesses worth up to £9,000 per property to help businesses through to the Spring
  • £594 million discretionary fund also made available to support other impacted businesses
  • comes in addition to £1.1 billion further discretionary grant funding for Local Authorities, Local Restriction Support Grants worth up to £3,000 a month and extension of furlough scheme

This follows the Prime Minister’s announcement last night that these business will be closed until at least February half-term in order to help control the virus, and, together with the wide range of existing support, provides them with certainty through the Spring period.

READ MORE HERE FOR NATIONAL LOCKDOWN

READ MORE HERE FOR LOCKDOWN GRANTS

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