Wednesday, September 23, 2020

New grants revealed for firms forced to close due to local COVID-19 restrictions

Businesses in England required to close due to local lockdowns or targeted restrictions will now be able to receive grants worth up to £1,500 every three weeks, Chief Secretary to the Treasury Steve Barclay has said.

To be eligible for the grant, a business must have been required to close due to local Covid 19 restrictions. The largest businesses will receive £1,500 every three weeks they are required to close. Smaller businesses will receive £1,000.

Payments are triggered by a national decision to close businesses in a high incidence area. Each payment will be made for a 3 week lockdown period. Each new 3 week lockdown period triggers an additional payment.

Chief Secretary to the Treasury Steve Barclay said: “These grants provide businesses with a safety net as they temporarily close their doors to help save lives in their local areas.

“As local economies eventually and carefully re-open after local interventions, our Plan for Jobs is there waiting to help businesses get back on their feet, protect jobs and thrive in the future.”

Business Secretary Alok Sharma said: “No business should be punished for doing the right thing, which is why today’s package will offer additional breathing space for businesses that have had to temporarily close to control the virus.

“Through our wider Plan for Jobs, we will continue to back our innovators and job creators across the country who are playing a critical role as we build back better from the pandemic.”

A message from the Editor:

Thank you for reading this story on our news site - please take a moment to read this important message:

As you know, our aim is to bring you, the reader, an editorially led news site and magazine but journalism costs money and we rely on advertising, print and digital revenues to help to support them.

With the Covid-19 lockdown having a major impact on our industry as a whole, the advertising revenues we normally receive, which helps us cover the cost of our journalists and this website, have been drastically affected.

As such we need your help. If you can support our news sites/magazines with either a small donation of even £1, or a subscription to our magazine, which costs just £31.50 per year, (inc p&P and mailed direct to your door) your generosity will help us weather the storm and continue in our quest to deliver quality journalism.

As a subscriber, you will have unlimited access to our web site and magazine. You'll also be offered VIP invitations to our events, preferential rates to all our awards and get access to exclusive newsletters and content.

Just click here to subscribe and in the meantime may I wish you the very best.




Latest news

Stockpiling for Brexit – what you need to know

The UK is no longer a member of the EU, but that's not the end of Brexit. As you probably know, officials are trying...

£100m investment approved to deliver regeneration projects in Huddersfield and Dewsbury Blueprint plans

Kirklees Council’s Cabinet has approved a £100 million investment which will help deliver key town centre regeneration projects as part of the Huddersfield and...

Activity returns to pre-COVID levels for Fulcrum

A lifting in lockdown restrictions has seen activity return to pre-COVID-19 levels for Fulcrum Utility Services, the Sheffield-based utilities business. By 31 August 2020, Fulcrum’s...

Harrogate energy consultancy expands into Scotland

Harrogate-headquartered niche energy consultancy, Padd Energy, is expanding north of the border with a new office in Scotland. The company said the decision to establish...

Sheffield start-up launch software to boost manufacturing capacity

A Sheffield tech start-up has launched software that will help manufacturing businesses improve capacity. Dubbed the ‘Fitbit for manufacturing’, the new Manufacturing Execution System will...

AMRC awarded £2m to open food, drink packaging sustainability centre

The University of Sheffield’s Advanced Manufacturing Research Centre (AMRC) will create a Food and Drink Packaging Sustainability Centre at AMRC Cymru after securing £2...

Related news

Stockpiling for Brexit – what you need to know

The UK is no longer a member of the EU, but that's not the end of Brexit. As you probably know, officials are trying...

£100m investment approved to deliver regeneration projects in Huddersfield and Dewsbury Blueprint plans

Kirklees Council’s Cabinet has approved a £100 million investment which will help deliver key town centre regeneration projects as part of the Huddersfield and...

Activity returns to pre-COVID levels for Fulcrum

A lifting in lockdown restrictions has seen activity return to pre-COVID-19 levels for Fulcrum Utility Services, the Sheffield-based utilities business. By 31 August 2020, Fulcrum’s...

Harrogate energy consultancy expands into Scotland

Harrogate-headquartered niche energy consultancy, Padd Energy, is expanding north of the border with a new office in Scotland. The company said the decision to establish...

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close