Industry slams £4.6bn retail and hospitality relief package
Industry bodies have dismissed the Treasury’s £4.6bn relief package for retail and hospitality businesses as nothing more than a “sticking plaster”. The package, which was unveiled after the government placed England into a third national lockdown, has been criticised for failing to address long-term issues such as rent and business rates. The biggest chunk of the package is a £4bn fund to support an estimated 600,000 retail and hospitality business sites on a “per-property basis”. The one-off top-ups will be granted to closed businesses, with £4,000 for those with a…
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