UK Offers Extra £4.6 Billion to Help Firms Through New Lockdown

UK Offers Extra £4.6 Billion to Help Firms Through New Lockdown
Britain's Chancellor of the Exchequer Rishi Sunak leaves Downing Street, in London, on Nov. 25, 2020. Simon Dawson/Reuters
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The British government announced on Tuesday that it’s offering a £4.6 billion ($6.2 billion) support package for businesses that have been hit hard by new CCP virus lockdown measures.

Chancellor of the Exchequer Rishi Sunak said the government is offering one-off top-up grants for retail, hospitality, and leisure businesses worth up to £9,000 ($12,225) per property to help businesses through the new lockdown measures intended to stem the spread of a new CCP (Chinese Communist Party) virus variant.