Rishi Sunak announces £4.6bn relief package for UK businesses

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  • Guardian News published this video item, entitled “Rishi Sunak announces £4.6bn relief package for UK businesses” – below is their description.

    Rishi Sunak has announced that UK businesses in the retail, hospitality and leisure sectors are to be given one-off grants worth up to £9,000, with the relief package costing £4bn. The payments are expected to support 600,000 business properties across the UK. 

    A further £594m will be made available to councils and devolved nations to support businesses not covered by the new grants. The chancellor said: ‘The new strain of the virus presents us all with a huge challenge – and, whilst the vaccine is being rolled out, we have needed to tighten restrictions further.’

    Rishi Sunak announces £4.6bn relief package

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  • 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.

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