Call 01962 735544 - Email infobutler@butler-co.co.uk

Chancellor announces £1 billion fund for businesses

On 21 December 2021, Chancellor of the Exchequer, Rishi Sunak, unveiled a £1 billion COVID-19 fund, including cash grants of up to £6,000 per premises for each eligible firm.

On 21 December 2021, Chancellor of the Exchequer, Rishi Sunak, unveiled a £1 billion COVID-19 fund, including cash grants of up to £6,000 per premises for each eligible firm.

Mr Sunak said the government would also help certain firms with the cost of sick pay for COVID-related absences.

The Chancellor also announced an extra £30 million to help support organisations such as theatres, orchestras and museums.

To support other businesses impacted by the Omicron wave – such as those who supply the hospitality and leisure sectors – the government is also giving a more than £100 million boost to the Additional Restrictions Grant (ARG) fund for local authorities in England.

The Chancellor said:

'We recognise that the spread of the Omicron variant means businesses in the hospitality and leisure sectors are facing huge uncertainty, at a crucial time.

'So, we're stepping in with £1 billion of support, including a new grant scheme, the reintroduction of the Statutory Sick Pay Rebate Scheme and further funding released through the Culture Recovery Fund.

'Ultimately the best thing we can do to support businesses is to get the virus under control, so I urge everyone to Get Boosted Now.'

Internet link: GOV.UK

Copyright

© 2022 Butler & Co. All rights reserved.

We use cookies on this website, you can find more information about cookies here.

powered by totalSOLUTION

Contact Us

Please call:
01962 735544

Quick links

Home | Site map | Accessibility | Disclaimer | Help |

Address
Butler & Co, Bennett House, The Dean, Alresford, Hampshire SO24 9BH

Butler & Co which is a Limited Company, is regulated for a range of investment business activities by the Institute of Chartered Accountants in England and Wales.
Licensed by the Institute of Chartered Accountants in England & Wales to carry out the reserved legal activity of non-contentious probate in England and Wales.
Registered VAT Number GB566 4006 44
Butler & Co is the trading name of Butler & Co Alresford Limited registered in England No. 10726923.