Sunak announces £ 4.6bn in new grants to cushion the economic blow of the new blockade

In further support for companies to cushion the economic blow of the new blockade imposed to curb the contagion of the coronavirus, the UK Finance Minister, Rishi Sunak has announced a total grant of £ 4.6 billion on Tuesday.

Additional comments:

“There are unique supplemental grants for retail, hospitality, and business worth £ 9,000 per property“.

“There’s a discretionary fund of £ 594 million created to support other affected companies. “

On Monday, the British Prime Minister, Boris Johnson, announced a total nationwide lockdown, possibly until mid-February, in another effort to reduce the increase in infection rates.

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