Name: UK offers new $6.2 billion to firms to ease lockdown
Uploaded: 2021-01-05T18:40:05.000Z
Duration: 1 min 34 s
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Britain has offered new support to business is expected to be hit as the country enters a third national lock down.

The new measures total £4.6 billion or about $6.2 billion set out by Finance Minister Richie Soon.

They mean companies in retail, hospitality and leisure complained one off grants worth just over £9000 or about $12,000.

Remember, that comes on top of the existing monthly grants of £3000 that those businesses receive on the extension of furlough all the way through to April.

You know, we remain committed to protecting jobs and supporting businesses.

Last year soon AC announced emergency help for the UK economy worth around $380 billion.

It included a massive job protection scheme due to run to the end of April.

Morgan analysts predicting a hefty 2.5% fall in output for the first three months of this year.

Britain's new lock down was announced on Monday by Prime Minister Boris Johnson.

It means most people must work from home and see schools closed for almost all pupils, hospitality venues and non essential shops must stay shut.

Based airlines, British Airways and easyJet are among the first to suffer.

Both carriers said they were reviewing their plans in response to the lock down.

 A reduction in flights seems almost certain, with most Britons now prevented from traveling abroad. 