Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what steps his Department is taking to support the hospitality industry during the January 2021 covid-19 lockdown period.
On 5 January the Chancellor announced one-off top up grants for retail, hospitality and leisure businesses worth up to £9,000 per property to help businesses through to the Spring.
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. This grant comes in addition to the Local Restriction Support Grants worth up to £3,000 a month for closed businesses.
A further £594 million is also being made available for Local Authorities and the Devolved Administrations to support other businesses not eligible for the grants, that might be affected by the restrictions. This funding also comes in addition to £1.1 billion further discretionary grant funding for Local Authorities.
The Government is also delivering support to the hospitality sector through:
The Government is continuing to collect evidence on the impact of the pandemic on the hospitality industry and work with businesses and representative groups to ensure that support provided is right for this industry and the economy as a whole.