Rishi Sunak pledges additional £1bn in financial support for COVID-hit hospitality sector with £6k grants for businesses

  • 📰 SkyNews
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Qulity Score:
  • News: 16%
  • Publisher: 67%

BREAKING: Rishi Sunak has announced an additional £1bn in financial support for the hospitality and leisure sectors, with every business able to claim a one-off cash grant of £6,000. Read more:

United Kingdom Headlines News

United Kingdom Latest News, United Kingdom Headlines

Following guidance to work from home and to prioritise social engagements, offices in major cities have emptied out and Christmas parties have been cancelled, hurting hospitality businesses.

"I know the current situation is very difficult especially for those in the hospitality industry so today we are announcing three new measures to help people and businesses," Mr Sunak said."Firstly we are announcing a billion pounds in financial grant support which means eligible hospitality companies will be able to claim a cash grant worth up to £6,000.

"Now, of course I will always respond proportionately and appropriately to the situation that we face, people can have confidence in that, but where we are now we have responded I think generously today.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 35. in UK
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Very well

Hi well said benefits should be more and no council tax for single parent

We’ll be paying off these in taxes,inflation, rising costs and cuts till we are in the grave 🤦🏾‍♂️.

Nowhere near enough support. Far, far, more required if, as we all expect, further restrictions come in next week.

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Rishi Sunak 'planning a bid for leadership' as Johnson's faces 'regicide' from MPsRISHI SUNAK is 'planning' a bid for Prime Minister following concerns surrounding Boris Johnson's leadership, it has been claimed. He ain't got the backbone to do the job
Source: Daily Express - 🏆 26. / 68 Read more »

Rishi Sunak to unveil new support for hospitality and leisureChancellor Rishi Sunak was preparing an emergency support package for hospitality and leisure businesses hit hardest by the pre-Christmas collapse in trade caused by the surge in Omicron. Interesting RishiSunak because last August you created a campaign to “eat out.” That resulted in increase of inflation. You are right Chancellor for Britain. Maybe you might be more suited to a career change, investment banking? Took him long enough.. I’m Mike Weirsky, the lottery winner of $273m in NJ. I’m helping those who are in need with this money. Givers never lack.❤️
Source: Evening Standard - 🏆 102. / 51 Read more »

Rishi Sunak to announce bailout for hospitality hit by OmicronWe deserve compensation for government’s virus gloom, says pub boss
Source: The Times - 🏆 71. / 59 Read more »

It's Rishi Sunak, not the Bank of England, who needs to act to get the UK's economy firing again | Carys RobertsThe questions which will determine whether families feel the pinch this Christmas and beyond are all up to the chancellor, says Carys Roberts of the IPPR I know we all probably might have heard about Bitcoin but don't know how it works, I tried it in a week ago by a man who recommended me to Derrick_Jones39 on Twitter he guides me through and i made a return of $10500 after a week of trading, connect with him He’s too busy killing the NHS with US Healthcare business plans. Strip the NHS for years of funds, reduce workforce, few structure movements, then pay private enterprises to help out, then tell people the NHS is a failure-all orchestrated! Shameful lot should be jailed!
Source: The Guardian - 🏆 84. / 53 Read more »

'Unprecedented support!' Rishi dishes out extra £220million to Scotland amid Omicron surgeRISHI SUNAK has dished out an extra £220million to Scotland after holding talks with the UK's devolved administrations. Why.
Source: Daily Express - 🏆 26. / 68 Read more »

Rishi Sunak to unveil new support for hospitality and leisureChancellor Rishi Sunak was preparing an emergency support package for hospitality and leisure businesses hit hardest by the pre-Christmas collapse in trade caused by the surge in Omicron. Interesting RishiSunak because last August you created a campaign to “eat out.” That resulted in increase of inflation. You are right Chancellor for Britain. Maybe you might be more suited to a career change, investment banking? Took him long enough.. I’m Mike Weirsky, the lottery winner of $273m in NJ. I’m helping those who are in need with this money. Givers never lack.❤️
Source: Evening Standard - 🏆 102. / 51 Read more »