Home / Market Update / The UK Providing a New Aid Package of 4.6 Billion Pounds to Businesses Affected by Renewed Lockdown

The UK Providing a New Aid Package of 4.6 Billion Pounds to Businesses Affected by Renewed Lockdown

Britain announced Tuesday a new support package of 4.6 billion pounds ($ 6.2 billion) for businesses affected by the renewed coronavirus lockdown across the country.

Finance Minister Rishi Sunak said that retail, hospitality and entertainment companies will be able to claim new one-off grants of up to 9,000 pounds sterling to help them during the first months of 2021.

Check Also

Japanese Yen Slides Toward 40-Year Lows as Markets Doubt Immediate Government Action

The Japanese Yen came under renewed selling pressure at the start of the week, pushing …