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

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  • 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.

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    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.

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