Sunak Increases Aid for Virus-Struck U.K. Businesses

The video introduces a new grant scheme for businesses affected by Tier 2 restrictions, providing local authorities with funds to distribute direct cash grants. Businesses in hospitality, leisure, and accommodation sectors can receive up to £2100 monthly, with grants being retrospective to August. The job support scheme is made more generous, reducing required work hours to 20% and employer contributions to 5%. These changes apply to businesses at all alert levels, offering greater support to those facing higher restrictions.

What is the maximum monthly grant available for businesses in the hospitality, leisure, and accommodation sectors under Tier 2 restrictions?

• £3000

• £2500

• £2100

• £1500

How are the grants for businesses under Tier 2 restrictions compared to those for closed businesses in Tier 3?

• 70% of Tier 3 grants

• 60% of Tier 3 grants

• 50% of Tier 3 grants

• 80% of Tier 3 grants

What percentage of normal hours must employees work under the revised job support scheme?

• 30%

• 20%

• 40%

• 10%

Under the revised scheme, what is the employer contribution for hours not worked?

• 10%

• 20%

• 33%

• 5%

Which areas are mentioned as being able to access greater support under the new scheme?

• Edinburgh and Cardiff

• Liverpool and Greater Manchester

• Bristol and Leeds

• London and Birmingham