Small adviser firms to get £10,000 cash from government amid coronavirus crisis

During a Treasury Committee meeting in parliament on Wednesday afternoon (18 March), Chancellor Rishi Sunak confirmed businesses in receipt of small business rate relief would get £10,000 from the government, regardless of whether their business was affected by virus.  The Chancellor stressed the government's action was designed to be kept simple, hence the decision not to target particular sectors hit especially hard by the pandemic, nor individual's revenue decline, nor a more "tranched" system.  Sanak said: "We decided to do something simple… we went for flat, generous grants." ...