Floods: Compensation

(asked on 15th January 2024) - View Source

Question to the Department for Business and Trade:

To ask the Secretary of State for Business and Trade, what financial support is available to businesses that have (a) been disrupted and (b) had stock damaged as a result of flooding.


Answered by
Kevin Hollinrake Portrait
Kevin Hollinrake
Shadow Secretary of State for Levelling Up, Housing and Communities
This question was answered on 18th January 2024

The Business Recovery Grant (BRG), part of the Flooding Framework, provides £2500 per affected business premises to small and medium sized businesses in the immediate aftermath of flooding to help them get back on their feet.

This support was provided in October 2023 in response to Storm Babet and those affected by Storm Henk interested in the BRG should contact their Local Authority for details and qualification requirements.

Businesses significantly affected by recent flooding could also be eligible for business rates relief via schemes delivered by DLUHC and via DEFRA schemes.

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