British finance minister Rishi Sunak will announce £5 billion (US$7 billion) of additional grants to help businesses hit hard by pandemic lockdowns in his budget statement next week, the government said on Saturday.Shops, bars, clubs, hotels, restaurants, gyms and hair salons would be among nearly 700,000 companies eligible for new direct cash grants of up £18,000.The government said the funding takes the total spent on direct grants to businesses during the crisis to £25 billion.Encouraged by…



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