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Decision details
Local Restrictions Support Grant
Decision Maker: Director: Finance
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: No
Purpose:
Approval of the Local Restrictions Support
Grant Policy is required to enable prompt implementation and
payment of this financial support for businesses, should local
restrictions be imposed.
Decision:
On 9 September, the government announced
financial support for businesses that are required to close through
localised restrictions being put in place to manage coronavirus and
save lives. The Chancellor announced changes to the scheme on 12
October 2020. The Local Restrictions Support Grant scheme will
provide grants in the financial year 2020-2021 for each two-week
period that a business is closed following the implementation of
statutory localised restrictions and business closures.
Grants of up to £1,500 will be paid to eligible business rate
payers. This amount is based on the position at time of signing and
may be subject to minor revisions should government guidance be
changed. There will be further discretionary funding to support
businesses that
•are required to close, but do not themselves pay rates (e.g.
they occupy a shared premises), or
•may have no choice but to close, because their suppliers or
those they supply to are required to close.
The schemes will be implemented should localised restrictions be
imposed and will only apply to the specified businesses within the
designated geographical area as identified in the restrictions. The
government will confirm details on the value of funding based on
the level of restrictions imposed and the expected number of
businesses that would be affected. Should the level of expenditure
exceed £499,999 then Cabinet approval will be sought and
there is recognition that this may need to be retrospective.
Alternative options considered:
n/a
Publication date: 25/11/2020
Date of decision: 14/10/2020