Rishi Sunak announces £4.6bn in business grants to get through lockdown

About This Source - The Telegraph

The Daily Telegraph, known online as The Telegraph, is a national British daily broadsheet newspaper published in London by Telegraph Media Group and distributed across the United Kingdom and internationally. It was founded by Arthur B. Sleigh in 1855 as Daily Telegraph & Courier.

Recent from The Telegraph:

  • Myanmar: Protesters cheer as police stopped from raiding Aung San Suu Kyi’s party HQ
  • Ben Ryan on why rugby must ban ‘illegal’ crocodile rolls – Brian Moore’s Full Contact Rugby Podcast
  • No ‘cast-iron guarantee’ that this is the last lockdown, admits Boris Johnson
  • The Telegraph published this video item, entitled “Rishi Sunak announces £4.6bn in business grants to get through lockdown” – below is their description.

    Closed businesses are in line for grants of up to £9,000 in the latest effort to keep companies afloat through another lockdown.

    A total of £4.6bn is on offer from the Treasury, of which £4bn comes in the form of one-off top-up grants, with the remaining £594m going to local authorities to offer discretionary support to affected companies.

    It comes on top of the up to £3,000 a month being handed to businesses ordered to stop trading and £2,100 that had been available to those affected by tier 2 restrictions.

    Effectively the new package doubles the support on offer, as this latest one-off grant covers the spring, and so amounts to £3,000 per month.

    Subscribe to The Telegraph on YouTube ► https://bit.ly/3idrdLH

    Get the latest headlines: https://www.telegraph.co.uk/

    Telegraph.co.uk and YouTube.com/TelegraphTV are websites of The Telegraph, the UK’s best-selling quality daily newspaper providing news and analysis on UK and world events, business, sport, lifestyle and culture.

    The Telegraph YouTube Channel

    Got a comment? Leave your thoughts in the comments section, below. Please note comments are moderated before publication.

    In This Story: Lockdown

    During the 2020 Covid-19 epidemic, lockdown has come to mean the practice of attempting to control transmission of the virus by means of restricting people’s movement and activities on a broad scale, usually on a national or state-wide basis.

    3 Recent Items: Lockdown

  • Covid: What the future holds after the UK emerges from coronavirus lockdown | ITV News
  • Boris Johnson plans “cautious but irreversible” easing of lockdown in England – BBC News
  • NYFW 2021: Groceries, gowns and Coca-Cola
  • In This Story: Rishi Sunak

    Rish Sunak is a British Conservative Party MP, who was originally elected as a Member of Parliament in the Richmond (Yorks) constituency in 2015.

    His father-in-law is billionaire founder of Indian IT giant, Infosys, NR Narayana Murthy.

    Sunak experienced a meteoric rise, first to be selected for the “safest” Conservative seat in the UK, he would later become the UK Chancellor of the Exchequer in under five years.

    Brief Biography Here.

    7 Recent Items: Rishi Sunak

  • UK economy shrinks record 9.9% in 2020 due to coronavirus
  • Sunak Sees `Resilience’ Amid Worst U.K. Recession Since 1709
  • ‘Many families and businesses are experiencing hardship,’ says Rishi Sunak as economy shrinks 9.9pc
  • Priti Patel answers questions from MPs – watch live
  • In full: MPs debate and vote to extend Universal Credit £20 uplift
  • Coronavirus: Rishi Sunak and Nadim Zahawi deliver statements in Parliament – watch live
  • In full: Rishi Sunak warns economy will get worse before getting better
  • Leave a Comment