answer text |
<p>The Government has provided enhanced support to the retail, hospitality and leisure
sectors through business rates relief given the direct and acute impacts of the COVID-19
pandemic on those sectors.</p><p> </p><p>A range of further measures to support all
businesses, including those not eligible for the business rates holiday, such as English
language centres, has also been made available. For example, the Government has launched
the Coronavirus Job Retention Scheme to help firms keep people in employment, the
Coronavirus Business Interruption Loan Scheme offering loans of up to £5 million for
SMEs, and is deferring VAT payments for this quarter.</p><p> </p><p>The Government
will consider any further financial assistance necessary to help businesses get through
this period.</p>
|
|