New grants available for businesses affected by local lockdowns
Businesses in England that are required to shut because of local interventions will now be able to claim up to £1,500 per property every three weeks.
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 confirmed.
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, while 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 three-week lockdown period, with each new three-week lockdown period set to trigger an additional payment.
"These grants provide businesses with a safety net as they temporarily close their doors to help save lives in their local areas," said Mr Barclay.
"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."
Speaking in the House of Commons on Wednesday, Barclay also reiterated the recent commitment to roll-out additional payments for people on low incomes who are required to self-isolate in areas with high levels of COVID-19.
Currently these payments are available in Blackburn with Darwen, Pendle, and Oldham as part of an ongoing trial scheme.
This targeted support is in addition to businesses' eligibility for the government’s existing schemes of support to businesses that remain available to impacted companies.
"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," said Business Secretary Alok Sharma.
"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."