UPDATE [14/01/21]: Hospitality and Leisure Grant is now open for applications, please note retail is not eligible: – https://beta.lambeth.gov.uk/
We continue to lobby the government for greater funding support to local businesses. Please keep checking our website for further business support updates.
The Chancellor has announced a £1bn fund for the hospitality sector and an extra £30m to help theatres and museums.
These measures for hospitality and leisure businesses include:
- Grants for hospitality and leisure businesses in England, worth up to £6,000 per premise. The Treasury has set aside £683m for these payments, which will be administered through local authorities and will be available in the coming weeks.
- The resumption of the statutory sick pay rebate scheme, which will reimburse employers in the UK with fewer than 250 workers for the cost of paying statutory sick pay for Covid-related absences for up to two weeks.
- £30 million further funding will be made available through the Culture Recovery Fund, enabling more cultural organisations in England to apply for support during the winter.
We have received indication that the cash grants will be based on rateable value, which follows the previous grant schemes from government. We’re yet to receive detailed guidance, as soon as we know how these funds will be administered, we will let you know.
We are also aware that whilst this additional financial support is welcomed, the one-off grant awards available through the new scheme will do little to address the income lost by businesses at this time of year, and so we will continue to lobby government for more support.