UK GOVERNMENT TIER 2 SUPPORT ANNOUNCED

help with covid 19

The UK government announced today 22nd October new measures to support businesses and employees hit by Tier 2 local lockdown restrictions.

Chancellor Rishi Sunak on Thursday told parliament that hospitality businesses in Tier 2 areas would be eligible for new grants. The chancellor also announced more generous support for jobs across the UK and doubled grants for the self –employed.

Sunak said “open but struggling” businesses in Tier 2 lockdown areas could now claim up to £2,100 ($2,750) a month. The grants for businesses in hospitality, leisure, and accommodation will be backdated to August, meaning businesses under restrictions can claim up to £4,200 from today.

The Treasury said 150,000 businesses could benefit. The support could total as much as £1bn.

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