Non-domestic Rates and Retail, Hospitality and Leisure Grant Fund

Department for Business, Energy and Industrial Strategy written question – answered on 6th May 2020.

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Photo of Stephen Hammond Stephen Hammond Conservative, Wimbledon

To ask the Secretary of State for Business, Energy and Industrial Strategy, what plans he has to expand the (a) Retail, Hospitality and Leisure Grant Fund and (b) the business rate holiday to all businesses involved in the retail, hospitality and leisure supply chain during the covid-19 outbreak.

Photo of Paul Scully Paul Scully Parliamentary Under-Secretary (Department for Business, Energy and Industrial Strategy), Minister of State (London)

Businesses are eligible for the Retail, Hospitality and Leisure Grant Fund and the business rate holiday scheme if they are based in England with a property that is wholly or mainly being used for the purposes of retail, hospitality and/or leisure.

The Government has announced an additional discretionary fund to support small businesses that fall outside the scope of the Retail, Hospitality and Leisure Grants Fund and the Small Business Grants Fund, which have under 50 employees and have seen a significant drop of income due to Coronavirus restriction measures.

The Government is also providing an unprecedented package of wider support available to SMEs. This includes business interruption loan schemes, job retention and self-employed income support schemes, as well as a bounce back loan scheme. The full details of all these measures have been published at: https://www.businesssupport.gov.uk/coronavirus-business-support/.

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