A £1 billion ($1.32 billion) taxpayer-funded package has been announced in England on Tuesday to support businesses affected by the spread of the CCP virus and the government policy to curb the spread of the virus, which causes COVID-19. With the uncertainty around the Omicron variant looming, hospitality businesses have taken another hit in the most crucial month of the year as people canceled their Christmas plans. Industry representative UKHospitality reported on Monday that over half of the venues lost more than 40 percent in revenue last weekend, with one in five businesses reporting a sales drop of more than 60 percent. After days of urgent lobbying from MPs, firms, and industry officials, the Treasury said on Tuesday that hospitality and leisure businesses will be eligible for one-off grants of up to £6,000 ($7,950) per premises, with an additional £100 million ($132 million) discretionary funding through the Additional Restrictions Grant (ARG) for local authorities to …
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