Treasury written question – answered at on 18 December 2020.
To ask the Chancellor of the Exchequer, what plans he has to provide further financial support to business in Greater London required to close under covid-19 tier 3 restrictions.
Throughout this crisis, the Government has sought to support businesses, jobs and public services up and down the UK. The Government has spent over £280 billion to do so this year. Through our Winter Economy Plan, businesses have received billions in wage support, loans, tax deferrals and Business Rate reliefs.
In addition to benefiting from these measures, businesses in Greater London forced to close due to restrictions in Tier-3 will also be eligible to receive up to £3,000 per month through the Local Restrictions Support Grant for closed businesses.
This unprecedented package will support businesses through the Winter months, even as regions enter different Tiers and restrictions change to prevent the spread of the virus.
Yes1 person thinks so
No0 people think not
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