Chancellor unveils extra support for virus-affected businesses

Published on October 22, 2020 by

Chancellor Rishi Sunak has announced that cash grants of up to £2,100 a month will be given to firms in areas affected by Tier 2 coronavirus restrictions – mostly in the hospitality and leisure sectors.

The value of grants for people who are self-employed will also be doubled.

Meanwhile, there will be changes to the Job Support Scheme. Employees will only need to work one day a week to be eligible and the government will significantly reduce the amount employers have to contribute.

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