Business grant bonanza: Rishi Sunak announces £5billion 'restart grant'

The Chancellor announced a “new restart grant” to help business reopen, from April.

He told MPs: “Non-essential retail businesses will open first, so they’ll receive grants of up to £6,000 per premises.

“Hospitality and leisure businesses, including personal care and gyms, will open later, or be more impacted by restrictions when they do, so we’ll give them grants of up to £18,000.

“That’s £5 billion of new grants, on top of the £20 billion we’ve already provided.”

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