New grant schemes can help lockdown-hit enterprises
Times are tough, but the new lockdown comes with new help for the sectors worst hit by its strictures.
Businesses in the hospitality, leisure and retail sectors can access one-off grants of up to £9,000, as part of a £4.6bn raft of targeted measures announced by the Treasury.
There is also a further £594m fund set up to help other impacted businesses, those in the supply and service chains of Covid-hit sectors for example. Grants from this fund will be discretionary.
Together, the new grant schemes are expected to help 600,000 businesses hit by pandemic shutdowns and tough trading conditions. You can find further information here.