Firms can apply for lockdown support

BUSINESSES in Rochdale, will be able to apply for a one-off top-up grant to support them through lockdown 3.

Chancellor Rishi Sunak has announced £4.6 billion for retail, hospitality and leisure businesses with a value of up to £9,000 per property.

Rochdale businesses needing advice can contact Paul Ambrose at Rochdale BID at: paul@ rochdalebid.co.uk

A £594 million discretionary fund has also been made available to support other impacted businesses, in addition to £1.1 billion further discretionary grant funding for Local Authorities, Local Restriction Support Grants worth up to £3,000 a month and extension of furlough scheme.

This follows the Prime Minister’s announcement on Monday that these business will be closed until at least February half-term.

The cash is provided on a per-property basis to support businesses through the latest restrictions, and is expected to benefit over 600,000 business properties, worth £4 billion in total across all nations of the UK.

Chancellor Rishi Sunak said: “The new strain of the virus presents us all with a huge challenge - and whilst the vaccine is being rolled out, we have needed to tighten restrictions further.

“Throughout the pandemic we’ve taken swift action to protect lives and livelihoods and we’re announcing a further cash injection to support businesses and jobs until the Spring.

“This will help businesses to get through the months ahead - and crucially it will help sustain jobs, so workers can be ready to return when they are able to reopen.”

If you have any queries regarding the new lockdown grant, please contact Paul Ambrose - paul@ rochdalebid.co.uk