Mr Sunak announced in the Budget on 11th March 2020 , that for any firm that currently eligible for Small Business Rates Relief there will be a £3,000 cash grant per business available, this has now been increased to £10,00.
“This is a £2bn cash injection direct to 700,000 of our smallest businesses,” he told the Commons this afternoon.
Further details on this cash grant will be available in the coming days. It is unclear if this relief will be increased in Wales as well.