Following the announcement of another national lockdown the Chancellor has confirmed that there will be further financial support for retail, hospitality and leisure businesses as well as a discretionary fund for other business owners. This is in addition to the current grant schemes that are still available.
The retail, hospitality and leisure grants will be as follows:
- £4,000 for RV’s of £15,000 or under
- £6,000 for RV’s of £15,001 to £51,000
- £9,000 for RV’s of £51,001 or over
During the previous tier restrictions the Government provided additional grant schemes to support businesses required to close or that have remained partially open and have been severely impacted by the pandemic.
Businesses may be considered eligible for more than one of these schemes, so it's important to check the criteria carefully before applying.
We are still waiting on further guidance from central government and will update our website with more information when we receive it - please note this can take up to two weeks from the time of the public announcement.
In the meantime, if your business has been required to close or has been affected by local or national restrictions since 5 November 2020, you could be entitled to a number of different grant schemes so please continue to apply for everything that you think you are eligible for.
You can find out which grants you might qualify for here.