Menu

Chancellor’s business grant announcement ‘is absolutely necessary’ says Preston BID

Posted on - 5th January, 2021 - 12:46pm | Author - | Posted in - Business, Politics, Preston City Centre, Preston Locations, Preston News
Getting back to some sort of normality in Fishergate Pic: Paul Melling

Preston Business Improvement District (BID) are urging all those eligible to apply for the new grant that Chancellor Rishi Sunak announced today.

Advertisement

Retail, leisure and hospitality businesses will be able to claim a one-off grant of up to £9,000.

Up until this announcement, businesses with a rateable value of over £51,000 have not been entitled to grants apart from furlough.

Read more: Latest Preston and South Ribble case numbers after Christmas mixing

A spokesperson from Preston BID said: “We are delighted to see that the Chancellor has announced further, and critical, support for businesses enduring the third lockdown, it is absolutely necessary and urgently required.

“We have provided details to city centre businesses via our internal portals, and would now urge them to be ready to submit their application once able to.

“We encourage the local authority to get the application process up and running, and the grants awarded to those who meet the criteria, without delay.”

This new grant will cost £4.6 billion and to help businesses impacted by the pandemic. Details will be given in coming days and weeks about how businesses can apply for the grants.

PM Boris Johnson announced last night (Monday 5 January) that England will enter a national lockdown.

Read more:Preston and South Ribble’s coronavirus infection rates increase rapidly as lockdown 3 begins

Everyone is advised to stay at home until they have an essential reason to leave. These include:

  • Shop for basic necessities, for you or a vulnerable person
  • Go to work, or provide voluntary or charitable services, if you cannot reasonably do so from home
  • Exercise with your household (or support bubble) or one other person, this should be limited to once per day, and you should not travel outside your local area.
  • Meet your support bubble or childcare bubble where necessary, but only if you are legally permitted to form one
  • Seek medical assistance or avoid injury, illness or risk of harm (including domestic abuse)
  • Attend education or childcare – for those eligible

Lockdown-3 is expected to last until at least mid-February.

See the latest coronavirus cases and information near you

Read more:Latest news and updates from Blog Preston

Share
Preston in pictures Empty Fishergate in PrestonEmpty Winckley Street, PrestonEmpty Fishergate in PrestonBlue sky reflections ovre the river at PrestonBroadgate bridge at nightCanal reflections at PrestonThe Continental pub at nightEmpty bench at Haslam Park, Preston View more Advertisement Subscribe to the newsletter

Sign up below to receive Blog Preston's weekly newsletter. It wings its way into inboxes every Sunday rounding up our best content from the last week and a look ahead to what's happening.

Advertisement News by location

Find news by location, select an area of your choice to be kept up to date with the latest goings on.

Advertisement Categories

Find news by category, select an category of your choice to be kept up to date with the latest goings on.