Grants help up

Posted on 22 Apr 2015
Share Blog Post
Rescue grants tied up in council red tape Hundreds of millions of pounds intended to help businesses survive the coronavirus crisis is being held back by local councils, the Sunday Telegraph reports, leading to accusations local authorities are hoarding the cash while small businesses impacted by local Covid restrictions go under. Rishi Sunak told businesses in November that £2.2bn in grants would be distributed by local authorities to companies which had been forced to shut. But business operators say some local authorities are yet to open the application process and if they have, they are yet to receive the bulk of the money they are eligible for. Mike Cherry, chairman of the Federation of Small Businesses, said it was “paramount” that local authorities distribute funds in a timely manner to ensure that no business is left behind. He added: “We absolutely cannot see a repeat of some local authorities who last year dragged their feet when it came to the distribution of these critical funds.”

View more blog posts

New audit regulator
Posted on 24 Jul 2024
New audit regulator
read more
Plea to simplify tax
Posted on 17 Jul 2024
Plea to simplify tax
read more
New National Wealth Fund launched
Posted on 10 Jul 2024
New National Wealth Fund launched
read more
Tax freezes hit hard
Posted on 03 Jul 2024
Tax freezes hit hard
read more
Back To Top
01604 660661