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<p>The aviation and aerospace sectors are being supported with over £11 billion made
available through loan guarantees, support for exporters, the Bank of England’s Covid
Corporate Financing Facility and grants for research and development.</p><p> </p><p>In
England, the wider travel and tourism sectors can benefit from the £5 billion package
of grant support announced at Budget. This includes Restart Grants worth up to £6,000
if classified as non-essential retail or up to £18,000 if classified as a leisure
or accommodation business. This package of support also includes the £425 million
top-up to the Additional Restrictions Grant which has already provided Local Authorities
(LAs) with £1.6 billion. This funding is at the LAs discretion and is intended to
support businesses which are not eligible for Restart Grants, but which are nonetheless
experiencing a severe impact on their business.</p><p> </p><p>The Government continues
to review all the economic support schemes, including grant support, as the public
health response evolves.</p><p> </p>
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