Government urged to increase support for retail firms after EU State Aid rule changes : CityAM
Government urged to increase support for retail firms after EU State Aid rule changes (Photo by Dan Kitwood/Getty Images) The government has been urged to increase the financial support available to retail and hospitality businesses after the European Commission confirmed that the UK is able to apply a revised state aid framework. The EU said earlier this week that the UK can implement the revised Covid-19 State Aid Temporary Framework, which increased the limit from €800,000 per company over three years, to €3m. Due to previous restrictions, larger retailers were unable ...