This morning the Chancellor has announced £4.6 billion in new lockdown grants to help support businesses and protect jobs.
This includes;
- 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
The funding comes in addition to £1.1 billion in further discretionary grant funding for Local Authorities, Local Restriction Support Grants worth up to £3,000 a month and an extension of the furlough scheme.
It 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.
To find out more about the new lockdown grants and what support is available, click here.
To learn more about what you can and cannot do during the national lockdown, click here.
