Sunak pledges £1bn support to desperate businesses over Xmas as Omicron cases soar

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Sunak pledges £1bn support to desperate businesses over Xmas as Omicron cases soar
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'It's a continuing turmoil for so many businesses.' Kim Conchie, CEO of Cornwall Chamber of Commerce, has shared his growing concern for small businesses following Rishi Sunak’s Covid funding announcement. Read more:

Companies with fewer than 250 staff will be allowed to claim back up to two weeks worth of statutory sick pay for each employee who gets the virus.

He insisted the new grants were as "significant" and "comparable" to those given out under full lockdown. Asked if more support will be offered if restrictions are tightened further, he told broadcasters: "I will always respond proportionately and appropriately to the situation that we face. People can have confidence in that."

"Whilst these measures are a positive starting point, if restrictions persist or are tightened further, then we would need to see a wider support package, equal to the scale of any new measures, put in place." Many businesses are suffering due to staff contracting Covid-19 or customers staying away out of an abundance of caution due to Omicron.

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:

LBC /  🏆 17. in UK

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