Government offers firms new lifeline grants to survive lockdown

Businesses in retail, hospitality and leisure will receive new grants to help them keep afloat until spring, Chancellor Rishi Sunak has said.

The grants will be worth up to £9,000 per property, the Treasury says.

The help is in addition to business rates relief and the extended furlough scheme which has been extended until the end of April.

Separately, £594m will be made available to affected firms outside these sectors, Mr Sunak said.

In total, the package of measures is worth £4.6bn.

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