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Govt to announce financial supports for businesses

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The Government is expected to announce new financial supports for companies which have been negatively affected by the latest Covid-19 restrictions.

Tánaiste Leo Varadkar has said that the new scheme must be targetted at helping businesses in the hospitality, late night and live entertainment sectors.

The latest Covid-19 restrictions came into force on Tuesday and mean that nightclubs are closed until 9 January. Social distancing measures are in place for bars and restaurants, while there are capacity limits on indoor events such as concerts.

The Government accepts that a 50% limit on attendance at indoor events makes many of then financially unviable. While the Pandemic Unemployment Payment re-opened to new entrants on the same day to

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