LIVE: Rishi Sunak has announced £4.6bn in grants to help firms weather the latest #lockdown.

Retail, leisure and hospitality businesses will be eligible for one-off top-up grants of up to £9,000, with a £594m discretionary fund launched for other firms telegraph.co.uk/business/2021/…
The one-off top-ups will be granted to closed businesses as follows:

• £4,000 for firms with a rateable value of £15,000 or under
• £6,000 for firms with a rateable value between £15,000 and £51,000
• £9,000 for firms with a rateable value of more than £51,000

#lockdown
Business support is the responsibility of the devolved administrations, which will receive additional funding as follows:

• The Scottish Govt will receive £375m
• The Welsh Govt will receive £227m
• The Northern Ireland Executive will receive £127m
"This will help businesses to get through the months ahead," said the Chancellor 👇

Get the details, analysis and reaction to the Government's latest business support package via @Louis_Ashworth and our live blog telegraph.co.uk/business/2021/…
#lockdown

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More from @telebusiness

30 Dec 19
Take a Twitter detox over the festive break?

If you're just logging back in, fear not; we've rounded-up some of the best @telebusiness reads from the past week below…
#thread
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Read @cajuk's story on how (and why) shoppers stayed away here: telegraph.co.uk/business/2019/…
#retail
.@Tim_Wallace then delivered some in-depth analysis about how Britain's economic growth is set to reach a solid rate at the end of 2020 and potentially a faster pace beyond (assuming #Brexit is done on time)…

Read it here: telegraph.co.uk/business/2019/…
Read 12 tweets

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