London | Britain has dredged up £4.6 billion ($8.2 billion) in emergency funds to bail out shops, pubs, restaurants and tourism businesses, as the country braces for a fresh economic hit from a new lockdown that could last two months or more.
Chancellor Rishi Sunak said he would shell out up to £9000 per premises to more than 600,000 businesses in retail, hospitality and leisure, to get them through the shutdown announced by Prime Minister Boris Johnson late on Monday (Tuesday AEDT).
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Hans van Leeuwen covers British and European politics, economics and business from London. He has worked as a reporter, editor and policy adviser in Sydney, Canberra, Hanoi and London. Connect with Hans on Twitter. Email Hans at hans.vanleeuwen@afr.com
