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Chancellor announces financial help for Tier 2 businesses

Video Credit: ODN
Published on October 22, 2020 - Duration: 03:27s

Chancellor announces financial help for Tier 2 businesses

Rishi Sunak has announced that businesses in Tier 2 coronavirus alert areas which have been hit by the restrictions will be eligible for cash grants of up to Β£2,100 a month, a move which will primarily benefit the hospitality, accommodation and leisure sectors, During his statement to the House of Commons the chancellor also said the Job Support Scheme will be made more generous, with employer contributions reduced and the minimum hours requirement also cut.

Report by Blairm.

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