Coronavirus

Chancellor to unveil £5bn high-street support package

Under the scheme it is thought that non-essential retail businesses will be able to apply for grants of up to £6,000

Chancellor Rishi Sunak is expected to offer over 700,000 retail, hospitality and other businesses grants of up to £18,000 as part of a £5bn rescue package to be included in his Budget speech on Wednesday (3 March).

The new ‘Restart Grants’ will be directly distributed from local authorities from April and will replace the current grant system.

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