Home Finance When will the 4th SEISS grant be available? Everything you need to...

When will the 4th SEISS grant be available? Everything you need to know as Budget looms

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The grants, which don’t have to ever be paid back, have proved exceptionally popular among claimants, but also an expensive cost for the Treasury.

The first grants saw 2.6million people claim a total of £6.7billion, and the second was claimed by 2.3million Brits at a cost of £5.9billion.

The third grant was paid out to 1.9million and set the Treasury back another £5.4billion.

This means, judging by its predecessors, the fourth grant will also cost the Treasury billions of pounds, especially if they’re to adopt a £7,500 maximum for a three-month period as with the last payments.



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