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Budget 2021: Sunak’s £5bn plan to rescue high streets from collapse

The chancellor, Rishi Sunak, is to offer 700,000 shops, pubs, restaurants, hotels and other businesses, grants of up to £18,000 each as part of a £5bn rescue scheme to prevent mass bankruptcies.

Budget 2021: Sunak’s £5bn plan to rescue high streets from collapse
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News of the plan – to be announced in Wednesday’s budget – comes as Sunak faces increasing pressure to avoid or postpone significant corporation tax rises, as companies struggle to weather the latest Covid-19 lockdown in a strong enough state to reopen.

Read more at The Guardian.

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