/Rishi Sunak more funding for Tier 2 businesses
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Rishi Sunak more funding for Tier 2 businesses

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Rishi Sunak more funding for Tier 2 businesses – House of Commons

In a statement to the House of Commons, Chancellor Rishi Sunak announced cash grants to hospitality and leisure businesses in T2 areas worth up to £2,100 a month.  Sitting not far from the Chancellor is the Prime Minister.

More funding for businesses affected by lockdown restrictions imposed by Tier 2.

Chancellor:  government significantly reducing amount employers have to contribute to jobs support scheme.  Employees on job support scheme only need to work one day a week to be eligible. Are you one of those? There will be doubling of the value of grants for people who are self-employed. Aim: to protect more jobs and support more businesses through difficult winter months.

Up till now critics said not enough being done for companies in tier two areas that have seen demand collapse without being formally required to shut.  Will Sunak go far enough?

Labour not happy with his plans and have called for him to change course.

In tier three areas, workers at firms ordered to shut get emergency support.

Are you in the tier 2 category? Do you need financial support for your business?  Are you happy with the Chancellor’s plan?  Should there be more?

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