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<p>The Government has put forward an unprecedented package of support for business
in recognition of the disruption caused by Covid-19, including loans, tax relief and
cash grants, as well as financial support for employers and self-employed people.
In November, the Government announced plans to extend the Coronavirus Job Retention
Scheme until March 2021, confirmed an extension to the existing loan schemes to the
end of January 2021 and an ability to top up Bounce Back Loans, as well as an increase
to self-employed support and over £200 billion in VAT relief, business rate relief,
tax deferral, loans and support for individuals. Further grant support totalling £2.2
billion has also been made available to support businesses impacted by the 5 November
to 2 December national lockdown and localised restrictions. This is in addition to
the £11.86 billion in cash grants already delivered to almost a million businesses
in England between March and September.</p><p>In September, the Government extended
its moratorium on the landlord's right of forfeiture for non-payment of rent introduced
through the Coronavirus Act 2020 until the end of this year. We recognise the impact
that this extension has on landlords, lenders and investors; therefore, we expect
all sides of the sector to use this time to negotiate on outstanding unpaid rents.</p>
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