Pubs, restaurants and leisure businesses hit by omicron losses will be eligible for one-off grants of up to £6,000 in a £1bn Christmas aid package announced by Rishi Sunak.

The Chancellor said some 200,000 hospitality and leisure businesses would benefit from the grants to compensate for an average 40pc fall in revenue from the Government’s Plan B restrictions in the run-up to Christmas.

The cash awards will vary according to the size of the business with those with a rateable value of more than £51,000 eligible for the full £6,000, those between £15,000 and £51,000 being offered £4,000 and smaller operations getting £2,666.

There will also be £100m discretionary funding to be distributed by councils to other businesses hit by Covid restrictions this festive season..

Read the full story here: https://www.telegraph.co.uk/business/2021/12/21/rishi-sunak-offers-1bn-help-embattled-pubs-restaurants/

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