Economy Secretary in Scotland, Fiona Hyslop, has outlined details of a £40 million fund to help businesses affected by temporary restrictions to slow the spread of coronavirus (COVID-19). The Coronavirus Restrictions Fund will provide one-off grants of up to £3,000, depending on rateable value, to bars, restaurants and other businesses required to close by regulations....
The business that are eligible to apply for the hospitality and leisure grant in the Liverpool Very High level area include camping and caravan parks – as long as the business lies within the definition of a micro or a small business, as specified below: Micro business: turnover (t/o) no more than £632,000; balance sheet...
With the announcement of the Merseyside lockdown area, the Metro Mayor and leaders of the region’s six local authorities (Halton, Knowsley, Liverpool, Sefton, St Helens and Wirral) have announced that they will divert money from other projects to establish a £40m emergency fund to help hospitality and leisure businesses in the region. The details for...
The Chancellor of the Exchequer provided an economic update, in which he set out the next stage of the Government’s strategy to protect jobs and businesses impacted by Covid-19. Below are the highlights from the Statement, scroll down for links to his speech, the accompanying news article and the policy paper, which provides a bit...
If you’re self-employed or a member of a partnership and have been adversely affected by coronavirus (COVID-19), you may be able to claim a grant through the Government’s Self-Employment Income Support Scheme. Applications for the second and final grant are now open if your business has been adversely affected on or after 14 July 2020....
In a press release from HM Treasury, details were announced about a scheme to “provide a safety net to further protect jobs where a business is required to close because they are impacted by Covid 19”. Businesses in England required to close due to local lockdowns or targeted restrictions will now be able to receive...
There are changes to the Coronavirus Job Retention Scheme (CJRS) from 1 September. Employers need to know that: From 1 September CJRS will pay 70% of usual wages up to a cap of £2,187.50 per month for the hours furloughed employees do not work. You will still need to pay your furloughed employees at least...
HM Treasury has published figures that show that there has been a high take-up of the Eat Out to Help Out initiative, with 83,000 business premises signed up to the scheme and 10.5m covers claimed for in the first week. Many parks groups and restaurant chains are taking part – there is still time to...
The government is introducing a new Job Retention Bonus (JRB) to provide additional support to employers who keep on their furloughed employees in meaningful employment, after the government’s Coronavirus Job Retention Scheme ends on 31 October 2020. The JRB is a one-off payment to employers of £1,000 for every employee who they previously claimed for...
The Minister for Regional Growth and Local Government, Simon Clarke MP, has announced £20 million of new funding to help businesses across England get back on track. Small and medium sized businesses will have access to grants of between £1,000 – £5,000 to help them access new technology and other equipment as well as professional,...