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The UK government gives new grants to the hotel sector amid the Christmas slowdown

This Wednesday has been published by the Government of the United Kingdom granting of subsidies to help the tourism sector due to the difficult crisis it is going through due to the return of strict measures in relation to free mobility, implementation of temporary closures, and enforceability of PCR to be able to access certain places.

The United Kingdom Government has presented an additional assistance plan endowed with 1,000 million pounds (1,177 million euros) in support of the hospitality and leisure sector in the face of the impact of the new omicron variant of the coronavirus. Finance Minister Rishi Sunak announced this package of measures at the beginning of an ‘unofficial lockdown’ in the country after England’s leading epidemiological expert Chris Whitty recommended limiting social interactions to a minimum at a press conference . According to this plan, restaurants and hotel establishments will be able to claim up to 6,000 pounds sterling in support of the crisis they are experiencing. Extra money will also be given to cultural institutions and companies that have to pay sick leave.

Kate Nicholls, UK Hospitality CEO, commented: “This is a generous package that builds on existing hotel support measures to provide an immediate emergency cash injection for those companies that, through no fault of their own, have seen their period wiped out. most valuable commercial.

It is worth mentioning that this measure aims to put an end to the growing unrest among companies, which are asking for more public aid to survive what the Confederation of British Industries has called a “stealth confinement”. Until now, the Treasury had promised to extend measures that were already in force, such as reducing taxes or commercial rates, but companies had asked for more, wanted an extension to tax exemptions beyond March 2022, and payment terms more lax for government-backed loans. Some voices in the sector are also calling for the return of the ertes program, which Sunak deactivated in September. In conclusion, it seems that this measure was not fully receptive to the sector, although it will help alleviate the crisis a bit.

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