More than £594 million is being made available for Local Authorities and the Devolved Administrations to support businesses not eligible for the new one-off hospitality, retail and leisure grant, that might be affected by the restrictions. Businesses should apply to their Local Authorities via the links below.
The Chancellor has also 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. Importantly, this includes any business that has a retail aspect and trade that has been forced to close due to the lockdown, such a high-street print businesses and copy shops.
The government has also provided 100% business rates relief for retail, hospitality and leisure businesses, £1.1 billion existing discretionary funding for Local Authorities, the furlough scheme now extended to April and 100% government backed loans, extended until March.
New grants for businesses affected by restrictions to trading or that have lost income due to restrictions damaging demand for their products and services
Please make sure to assess whether you are eligible for the grant schemes below. As a reference point, hundreds of print businesses and their suppliers around the UK have already been assessed as eligible and received grants, depending on which category you fit into.
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Grant for closed businesses due to national restrictions (England)
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Grant for open businesses that have lost revenue due to local restrictions (England)
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Grant for closed businesses that have lost revenue due to local restrictions (England)
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ERF Sector Specific Grant (Wales) – extends to businesses supplying hospitality, retail and leisure
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ERF Restrictions Fund (Wales)- extends to ‘related supply chain sectors’
Further information
The one-off top-ups will be granted to closed businesses as follows:
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£4,000 for businesses with a rateable value of £15,000 or under
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£6,000 for businesses with a rateable value between £15,000 and £51,000
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£9,000 for businesses with a rateable value of over £51,000
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Any business which is legally required to close, and which cannot operate effectively remotely, is eligible for a grant
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Business support is a devolved policy and therefore the responsibility of the devolved administrations, which will receive additional funding as a result of these announcements in the usual manner:
UK Government Business Support Finder Tool
Coronavirus (COVID-19) support is available to employers and the self-employed, including sole traders and limited company directors. You may be eligible for loans, tax relief and cash grants, whether your business is open or closed. Use this business support finder to see what support is available for you and your business and keep checking as schemes change on a daily basis.
Coronavirus Business Interruption Loan Scheme
The Coronavirus Business Interruption Loan Scheme (CBILS) provides financial support to smaller businesses affected by coronavirus (COVID-19) and has been extended to March 31st for applications.
The Bounce Back Loan Scheme (BBLS) enables smaller businesses to access finance more quickly during the coronavirus outbreak and has been extended to March 31st for applications. You can also now top up your loan if you did not take the full amount on your first application.
Coronavirus Large Business Interruption Loan Scheme
The Coronavirus Large Business Interruption Loan Scheme (CLBILS) provides financial support to larger businesses affected by coronavirus (COVID-19) and has been extended to March 31st for applications.
Claim for wages on the Coronavirus Job Retention Scheme
Updated to reflect that the Coronavirus Job Retention Scheme has been extended to 30 April 2021. Claim and amendment tables now include April 2021.
Coronavirus Job Retention Scheme: step by step guide
This guide explains the information that employers need to provide to claim for their employees’ wages and has been substantially updated as of December 18th.
