BREAKING: Rishi Sunak unveils £1billion support package for firms hit by Omicron
Businesses affected by the Omicron wave of Covid are being offered grants of up to £6,000 to help them get through the crisis.has unveiled a £1 billion support package for companies affected by new restrictions after profits nose-dived as people cancelled social activities.
In response, the chancellor is offering additional help for the hospitality and leisure sectors in England, following days of urgent lobbying from MPs, firms and industry officials. Cultural organisations in England can also access a further £30 million funding during the winter via the culture recovery fund, the Treasury said.
Mr Sunak said he was ‘confident’ the extra support would help ‘hundreds of thousands’ of businesses and millions of employees. Mr Sunak said the support announced today is in addition to measures that were already in place to help businesses ravaged by nearly two years of uncertainty. Mike Cherry, the national chairman of the Federation of Small Businesses , said: ‘These positive measures will help alleviate the intense pressures that small firms are currently under and hopefully arrest a significant decline in confidence over this year.
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