Trusted News Discovery Since 2008
{{/content}}
New funding to help businesses bounce back after lockdown
Video Credit: ODN
Published on March 3, 2021 - Duration: 01:55s
New funding to help businesses bounce back after lockdown
Struggling businesses will be able to apply for a new restart grant to help them reopen after lockdown.
Chancellor Rishi Sunak announced the £5 billion funding will be available in April, alongside a new recovery loan scheme which will issue loans between £25,000 and £10 million until the end of the year.
One of the hardest hit industries - the hospitality and tourism sector - will see its 5% reduced rate of VAT extended until the end of September.
Report by Alibhaiz.
Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
You are here
💡 newsR Knowledge: Other News Mentions
Rishi Sunak
Prime Minister of the United Kingdom since 2022
Rishi Sunak is to call for an end to the "sick note culture" in a major speech on welfare reform - as he warns against "over-medicalising the everyday challenges..
Credit: Sky News - Published 7 hours ago
The House of Lords has delayed the passing of the government's Rwanda bill until next week - in a blow to Rishi Sunak's attempts to get planes off the ground..
Credit: Sky News - Published 1 day ago
Value-added tax
Form of consumption tax
Bras are a basic necessity and should not be subject to VAT, according to radiographers.
Credit: Sky News - Published 3 days ago
Social-networking service owned by Meta Platforms
Related videos from verified sources
Covid-19 lockdown linked to uptick in tobacco use: Study 01:13
Video credit: ANI - Published on March 7, 2021