Covid-19: High Street Businesses

Part of Treasury – in the House of Commons at on 7 July 2020.

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Photo of Jesse Norman Jesse Norman The Financial Secretary to the Treasury

As Members will know, the Chancellor has announced an unprecedented package of support for high-street businesses affected by the pandemic. In particular, the Government are giving retail, hospitality and leisure businesses a year’s business rates holiday; protecting commercial tenants from eviction and debt recovery; offering grants of up to £25,000 to eligible businesses; and making sure that businesses have access to the financing they need as quickly as possible. We stand ready to take further steps, as necessary.