£4.6 billion new lockdown grants to support businesses and protect jobs
Businesses in the retail, hospitality and leisure sectors are to receive a one-off grant worth up to £9,000, the Chancellor has announced.
This £594 million discretionary fund will also be available to support other impacted businesses.
The one-off top-ups will be granted to closed businesses as follows:
- £4,000 for businesses with a rateable value of £15,000 or under
- £6,000 for businesses with a rateable value of between £15,000 and £51,000
- £9,000 for businesses with a rateable value of over £51,000
For further information please click HERE.
Details of the local application process will be issued in due course.