As the UK goes back into full lockdown to slow the winter spread of Covid-19, Rishi Sunak unveils an additional £4.6 billion to help the businesses most affected by the loss of trade. Read on to see what’s available and whether you may be eligible. Article by Nick Green.
The Chancellor has announced a further package of help for the businesses most affected by the new national lockdown, namely shops, restaurants, pubs, hotels, leisure facilities and others in the retail and hospitality industries that have been forced to close their doors. The new package takes the forms of grants – not loans this time – worth up to £9,000 per property affected. In total around 600,000 business properties across the UK are expected to be eligible.
Time Finance plc (LON:TIME) is an AIM-listed business specialising in the provision or arrangement of funding solutions to UK businesses seeking to access the finance they need to realise their growth plans.