Sunak Boosts U.K. Aid Again as Economy Reels Under Virus Curbs
- Cash grants to businesses hurt by covid restrictions
- Companies will pay less toward wages of part-time workers
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Chancellor of the Exchequer Rishi Sunak announced a significant increase in U.K. government support for businesses hamstrung by the resurgent coronavirus, his third push in less than a month to stop a wave of job losses.
He raised government contributions to workers’ wages, and reduced the hours they have to work in order to qualify for state support. He also stepped up help for the self-employed and announced a package of grants to businesses suffering because of pandemic restrictions.