Tag Archives: Rishi Sunak

Mary Portas appeals to government to launch Shop Out to Help Out scheme for independent retailers

The High Street hero, Mary Portas has issued a plea to the government to support family-run stores with a Shop Out to Help Out scheme upon the lifting of restrictions on non essential retailers this April 12th. Portas has joined major high street names in fashion and beauty, Henry Holland …

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Spring budget | Retail restart support, extended furlough, and £300m more for the Culture Recovery Fund

A restart programme to support retailers reopening next month and a £300 million culture recovery fund have been announced in a budget described as the Government’s “use of the full fiscal firepower of the country,” by Chancellor Rishi Sunak this afternoon. Among the first issues addressed by Sunak as he …

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Plans for £5 billion rescue scheme for UK high street expected to be unveiled this week

Plans for a £5 billion rescue scheme for the UK’s some 700,000 shops, pubs, restaurants, hotels and other businesses to have suffered at the hands of the lockdown restrictions are expected to be unveiled in the Chancellor’s budget on Wednesday. Grants of up to £18,000 each have been drawn up …

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Government plans for further financial support to Covid-hit retailers

Government ministers are in talks with the Treasury to extend financial support for Covid-19 hit businesses and the current business rates holiday for a retail and hospitality sector that has endured a year of upheaval at the hands of the pandemic. Following warnings from the Labour party of a £50 …

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Chancellor ‘considering tax on online giants’ to help payback Government’s Covid spending

Amazon and other major online retailers could be facing a new online sales tax to help the UK pay its debts following extensive borrowing during the pandemic. Treasury sources have confirmed that Chancellor Rishi Sunak is considering initiating a tax that will target companies who have done well out of …

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Toy shops blast government’s ‘derisory’ business grants as third lockdown threatens indie retailers

Independent toy retailers have blasted the UK government for under-serving the country’s small businesses, labelling the current grants offered to them in the face of yet more months of closure as “derisory.” The announcement of further restrictions and imposed nation-wide lockdowns across Scotland and England made this week, as well …

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Chancellor details £4.6bn relief package for retail, hospitality, and leisure as England enters third lockdown

Chancellor Rishi Sunak has detailed a £4.6bn relief package for the retail, hospitality, and leisure sectors that will offer UK businesses a one-off grant worth up to £9,000. The measures were announced this morning, following a public message from Prime Minister Boris Johnson last night that England is to enter …

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High Streets in England receive £255 million in Future High Streets Funding to help business ‘bounce back’ in 2021

High Streets across 15 areas in England have been allocated £255 million of the £830 million Future High Streets Fund in a bid by the government to help them ‘bounce back’ following what was a particularly tough year on retail throughout 2020. The funding is aimed at helping to regenerate …

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