On 17 March 2020 the Chancellor of the Exchequer announced measures to help businesses through the current crisis including increasing the amount businesses can borrow through the Coronavirus Business Interruption Loan Scheme to £5 million, with the first 6 months interest free.
Rating of Leisure and Hospitality Businesses -
A £20 billion package of business rates support and grant funding will help the most-affected firms manage their cash flow through this period. The business rates retail discount is increased to 100% for one year and applied to the leisure and hospitality sectors.
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