Financial Support For Business

Grants

£1 billion in support for businesses most impacted by Omicron across the UK

The Chancellor announced on 21 December that a support package of grants is available for businesses who have been impacted by the Omicron variant. Specifically Government stated:

  • Businesses in the hospitality and leisure sectors in England will be eligible for one-off grants of up to £6,000 per premises, plus more than £100 million discretionary funding will be made available for local authorities to support other businesses
  • Government will also cover the cost of Statutory Sick Pay for Covid-related absences for small and medium-sized employers across the UK
  • £30 million further funding will be made available through the Culture Recovery Fund, enabling more cultural organisations in England to apply for support during the winter