Small Businesses: Coronavirus

(asked on 15th January 2021) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what support is available to owners of small businesses which are legally permitted to remain open during the January 2021 covid-19 lockdown but are closed due to staff health concerns.


Answered by
Kemi Badenoch Portrait
Kemi Badenoch
President of the Board of Trade
This question was answered on 20th January 2021

Throughout this crisis, the government has sought to protect people’s jobs and livelihoods while also supporting businesses and public services across the UK. To do this, the government has put in place an economic package of support which will provide businesses and individuals with certainty over the coming months, even as measures to prevent further spread of the virus change. The government has spent over £280 billion this year to provide this support.

The Coronavirus Job Retention Scheme (CJRS) was introduced to help employers whose operations have been affected by COVID-19 retain their employees and protect the UK economy. All businesses across the UK can access the scheme, which will run until the end of April 2021, with employees receiving 80% of their usual salary for hours not worked, up to £2,500 per month. The Self-Employment Income Support Scheme (SEISS) will also run until the end of April.

Local authorities will receive an additional £500 million, to a total of £1.6 billion, of discretionary funding through the Additional Restrictions Grant to allow them to support their local businesses, including businesses that are adversely impacted but not forced to close by COVID-19 restrictions.

Businesses have also received billions in loans, tax deferrals, Business Rates relief, and general and sector-specific grants. Individuals and families have benefited from increased welfare payments, enhanced Statutory Sick Pay, a stay on repossession proceedings and mortgage holidays.

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