Retail Trade: Enfield North

Department for Business, Energy and Industrial Strategy written question – answered on 14th July 2021.

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Photo of Feryal Clark Feryal Clark Opposition Whip (Commons)

To ask the Secretary of State for Business, Energy and Industrial Strategy, what steps he has taken to support high street businesses in the Enfield North constituency.

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

Our comprehensive economic response to business includes grants, the furlough scheme, tax deferrals, and business rates relief. Eligible retail, hospitality and leisure businesses within the constituency continue to benefit from 66% business rates relief until March 2022, subject to a cap, and hospitality, accommodation and attractions are benefitting from a 5% cut in VAT until the end of September, followed by a 12.5% rate until 31 March 2022.

The London Borough of Enfield has made £9,640,989 Additional Restrictions Grant payments, and £12,978,459 Restart Grant payments.

Projects within London Borough of Enfield boundaries received £3,434,663 of funding from the London Economic Action Partnership which receives funding from Government through the Local Growth Fund.

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