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

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

Assessment

Interactive Video

Business

University

Hard

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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.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the purpose of the new grant scheme introduced for businesses?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How much funding is provided for businesses in the hospitality, leisure, and accommodation sectors?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What changes are being made to the short time work scheme?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the employer contribution for hours not worked under the new scheme?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

Which areas will be able to access greater support under the new measures?

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