© 2020 – 2024 AEA3 WEB | AEAƎ United Kingdom News
AEA3 WEB | AEAƎ United Kingdom News
Image default
News

Budget 2021: Sunak’s £5bn plan to rescue high streets from collapse

Grants will be offered to stricken shops and pubs but NHS fears its pleas for cash will be ignored

The chancellor, Rishi Sunak, is to offer 700,000 shops, pubs, restaurants, hotels and other businesses, grants of up to £18,000 each as part of a £5bn rescue scheme to prevent mass bankruptcies.

News of the plan – to be announced in Wednesday’s budget – comes as Sunak faces increasing pressure to avoid or postpone significant corporation tax rises, as companies struggle to weather the latest Covid-19 lockdown in a strong enough state to reopen.

Continue reading…

Related posts

Almost £225,000 in wages and freebies taken from gambling industry by 28 MPs

AEA3

Life expectancy gap in England ‘a growing chasm’ exacerbated by Covid

AEA3

Ministers urged to keep some Covid restrictions after 19 July due to ‘alarming’ rise in cases

AEA3