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Rishi Sunak Announces £1bn support package for businesses most impacted by Omicron

What support has Rishi Sunak announced for businesses impacted by Omicron?

Sue Lucas

Rishi Sunak has announced today that there will be more government support provided for businesses most impacted by the rising Omicron, coronavirus cases in the UK.

Hospitality Sector
The announcement delivered by Rishi Sunak on the 21st December, includes one off grants for the hospitality and leisure sectors in England of up to £6,000 per premises. The Government recognise that this is one of the most profitable times of the year in the hospitality trade, with businesses reporting that they have lost 40%-60% of their December trade due to the large amount of coronavirus cases currently sweeping the UK. The Government have said that the grants will be administered by local authorities in the coming weeks.

Statutory Sick Pay
With the rising number of coronavirus cases meaning that more employees will have to take time off work, the Government have also announced that they will cover the cost of statutory sick pay for up to 2 weeks for Covid related absences through the Statutory Sick pay Rebate for both small and medium sized employers with fewer than 250 employees across the UK.

Culture Recovery Fund
There will be a further £30 million of funding made available through the Culture Recovery Fund which will mean that more cultural organisations in England will be able to apply for support during the winter. 

If you would like more information or business support during the coronavirus pandemic, please contact your local Moore office.