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Further support for businesses (including the leisure and hospitality sector)
On Tuesday 21 December, Rishi Sunak, Chancellor of the Exchequer, announced a £1 billion fund to help businesses affected by the rise in COVID-19 cases.
We are now awaiting further details of this fund. So far, we understand it includes cash grants of up to £6,000 per premises, based on rateable value. Further discretional funding will also be available.
The Chancellor stated that the government will help certain businesses with the cost of sick pay for COVID-19 related absences too.
Alongside this fund, an extra £30 million has been announced to help theatres and museums.
We will update our grants information as soon as we have received further details from the government, so that we can pass on this support to businesses in our borough as soon as possible.
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