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Chancellor Rishi Sunak has set out a £1bn fund to help businesses hit by the rise in Covid cases, including the leisure and hospitality sector.

December 21, 2021
Covid-19 Updates
Merton Chamber of Commerce

Hospitality businesses like pubs and restaurants will be able to apply for cash grants of up to £6,000 per premises.

The government would also help some firms with the cost of sick pay for Covid-related absences, Mr Sunak said.

And he announced an extra £30m to help theatres and museums.

Many hospitality and leisure firms have been hit by a collapse in bookings and reduced footfall due to people's fears over the spread of the Omicron variant.

Businesses other than hospitality and leisure can apply for some of the funding.

The announcement today means:

  • restaurants, bars, cinemas and theatres can apply for a grant of up to £6,000 for each of their premises. The Treasury is setting aside £683m for these grants and it will be provided under existing council-run schemes
  • Other struggling businesses outside leisure and hospitality can apply to local councils for a different grant under the Additional Restrictions Grant, which has been topped up with £102m
  • The Statutory Sick Pay Rebate Scheme is being reintroduced, meaning business with fewer than 250 employees can claim money to cover sick pay for employees who are affected by Covid
  • An extra £30m for arts organisations through the existing Culture Recovery Fund.

Full Story: https://www.bbc.co.uk/news/uk-59742884