Chancellor announces support for businesses during Covid-19 outbreak

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The Chancellor, Rishi Sunak, has announced a package of measures to support business and workers affected by the coronavirus.

The measures include:

giving all retail, hospitality and leisure businesses in England a business rates holiday for the next 12 months;

•making grants available to small businesses eligible for Small Business Rate Relief from £3,000 to £10,000; and

providing additional grants of £25,000 to retail, hospitality and leisure businesses operating from smaller premises, with a rateable value over £15,000 and below £51,000.

Further details on the support measures can be found here