Businesses have been told they will get only 50% of the cash they need to keep going THE Tory group at County Hall have accused council leaders of blaming the government for its poor handling of money intended to help small businesses during lockdown. Yesterday (February 9) the council announced that it could only give some businesses 50 per cent of the money they needed to keep them going unless the Government provided more cash. The council said that demand for financial support outstripped the amount provided to the council by £14.5million. Due to the shortfall the council said that it would be unable to pay businesses more than 50% of the money they have asked for unless the Government provides more cash.
£4,000 for businesses with a rateable value of £15,000 or under
£6,000 for businesses with a rateable value between £15,000 and £51,000
£9,000 for businesses with a rateable value of over £51,000 PICTURED: You could be entitled to a government grant. Stock image by PA. The grants supplement the Local Restrictions Support Grant (LRSG) scheme, which has been running for a number of weeks. Businesses who have already applied for the LRSG do not have to re-apply separately for the Closed Business Lockdown Payment scheme. Eligible businesses will have their Closed Business Lockdown Payments automatically added to their LRSG amount. For businesses yet to apply for the LRSG grant, it is available for both periods of national lockdown - from November 5 to December 1 2020, and from January 5 2021 onwards.