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U.K. Reveals $1.3 Billion Relief Plan for Omicron-Impacted Businesses, Including Cinemas and Theaters
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variety.com
variety.comNaman Ramachandran U.K. Chancellor of the Exchequer Rishi Sunak has unveiled a £1 billion ($1.3 billion) plan designed to help businesses impacted by the Omicron variant of coronavirus that is sweeping across the country.Businesses in the hospitality and leisure sectors in England will be eligible for one-off grants of up to £6,000 per premises.
Recipients must be solvent businesses, and ratepayers in the hospitality and leisure sector, and eligible candidates include cinemas, pubs, hotels, restaurants and amusement parks.
This scheme will have a total value of £683 million.The government is also allocating an additional £100 million to local authorities, which will have discretion to allocate this funding to businesses most in need.
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