As the third Covid-19 lockdown took effect on 5 January 2021, the Chancellor announced a further £4.6 billion in grants to the retail, hospitality and leisure sectors. This new round of support follows extensions to the job retention and loan schemes revealed on 17 December 2020.

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Highlights

  • An extra £4.6 billion in lockdown grants has been directed at the worst affected sectors.
  • The Coronavirus Job Retention Scheme is now running through to April 2021.
  • The Self Employed Income Support Scheme continues to run until the end of April 2021.
  • Most loan schemes extended to 31 March 2021.
  • Fresh guidance on a range of additional support measures.




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