New Lockdown Grant Announced
Due to Lockdown 3, the Chancellor has announced today that businesses in the retail, hospitality and leisure sectors are to receive a one-off grant worth up to £9,000.
The one-off top-up grants will be applied to closed businesses as follows:
- £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
A further £594 million is also being made available for Local Authorities to support other businesses not eligible for the grants, that might be affected by the restrictions. Businesses should apply to their Local Authorities.
For a full breakdown of financial support that is available to Wimbledon businesses through this pandemic, click here.
Further details of how this grant will be issued will be announced soon.
Click here for further details of this lockdown grant.