November 12, 2024

Rishi Sunak announces fresh financial rescue package

Rishi Sunak #RishiSunak

Rishi Sunak has increased help for workers and businesses hit by Covid lockdowns in a financial rescue package issued less than a month after his last bailout.

It includes more wage support for businesses struggling to keep employees on full time, more generous help for the self-employed and further cash grants for hospitality firms forced to shut.

As he returned to the Commons to announce billions of pounds more in cash aid, Mr Sunak acknowledged that the picture had darkened since he presented his winter economy plan on September 24.

He rejected demands that he increase the subsidy paid to workers in businesses forced to shut in Tier 3 areas. That will remain at two thirds rather than the 80 per cent paid in the

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