World News | UK Offers 1 Billion Pounds to Businesses Hurt by Omicron
Get latest articles and stories on World at LatestLY. Britain has announced 1 billion pounds ($1.3 billion) in grants and loans to help the hospitality industry survive the onslaught of the omicron variant of COVID-19.
London, Dec 21 (AP) Britain has announced 1 billion pounds ($1.3 billion) in grants and loans to help the hospitality industry survive the onslaught of the omicron variant of COVID-19.
The government on Tuesday bowed to days of pressure from pubs, restaurants and other businesses that have seen income plunge following public health warnings.
Businesses in the hospitality and leisure sectors in England will be eligible for one-time grants of up to 6,000 pounds each.
An additional 100 million will be given to local governments to support businesses in their areas hit by the sudden spike in COVID-19 infections driven by the highly transmissible new variant. (AP)
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)