Business: Coronavirus

(asked on 28th January 2021) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, what support he is offering to businesses that have been allowed to remain open but suffered a significant loss in income due to reduced trade and footfall during the covid-19 outbreak.


Answered by
Paul Scully Portrait
Paul Scully
This question was answered on 5th February 2021

Local Authorities have been provided with funding via the Additional Restrictions Grant (ARG). The ARG is a discretionary scheme aimed to support businesses, including those that have not been mandated to close but have had their trade adversely affected by the nationalised restrictions.

Local Authorities have been allocated a further £500m in discretionary funding via the ARG, in addition to £1.1bn already allocated in November 2020. Local Authorities can use the ARG to support businesses in their local area, as they see fit.

During the period of localised restrictions, Local Authorities were provided with similar discretionary funding via the Local Restrictions Support Grant (Open) when entering Tier 2 (High) or Tier 3 (Very High) restrictions.

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