Real estate service provider Colliers International has urged the Government to take advantage of the European Union’s increase in State Aid limits due to Covid-19 to support the UK’s ailing hospitality sector. Earlier this month, the European Commission confirmed that the UK can apply a revised Covid-19 State Aid Temporary Framework, which includes an increased limit from the original €800,000 (£731,160) threshold per company over three years to €3m (£2.7m). According to the temporary framework, aid can be offered to companies facing shortages due to the Covid-19 pandemic in the form of direct grants, repayable advances and tax advantages. The aid is granted to businesses that suffered a decline in turnover during the period between 1 March 2020 and 31 December 2020 of at least 30% compared to the same period in 2019.