Business: Coronavirus

(asked on 26th November 2020) - View Source

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

To ask Her Majesty's Government what assessment they have made of the effect on high street businesses of COVID-19 restrictions in the pre-Christmas period.


Answered by
Lord Callanan Portrait
Lord Callanan
Parliamentary Under Secretary of State (Department for Energy Security and Net Zero)
This question was answered on 10th December 2020

The Government is fully committed to supporting the businesses that make our high streets and town centres successful as the nation responds to the impacts of COVID-19.

This is why we have delivered one of the most generous and comprehensive packages of support globally, with a total fiscal response of over £200bn. The measures introduced, including loan schemes, grant funding, tax deferrals and the Coronavirus Job Retention Scheme, have been designed to be accessible to businesses in most sectors and across the UK.

Businesses forced to close due will receive up to £3,000 per month, depending on their rateable value. Businesses in the retail, hospitality, and leisure sectors experienced reduced demand due to restrictions introduced between 1 August and 5 November, will receive up to £2,100 per month to cover the period during which they were subject to these restrictions.

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