Mark Logan, MP for Bolton North East has welcomed the announcement that businesses in Bolton that are required to shut because of localised coronavirus measures will now be able to claim up to £1,500 per property every three weeks.
Today, the Chief Secretary to the Treasury, Steve Barclay announced new funding to support businesses affected by the pandemic.
The scheme provides a safety net to further protect jobs where a business is required to close in areas with localised restrictions across England.
To be eligible for the grant, a business must have been required to close. The largest businesses will receive £1,500 every three weeks they are required to close. Smaller businesses will receive £1,000.
Payments are triggered by a national decision to close businesses in a high incidence area. Each payment will be made for a 3-week lockdown period. Each new 3 week lockdown period triggers an additional payment.
Chief Secretary to the Treasury Steve Barclay said:
“These grants provide businesses with a safety net as they temporarily close their doors to help save lives in their local areas.
“As local economies eventually and carefully re-open after local interventions, our Plan for Jobs is there waiting to help businesses get back on their feet, protect jobs and thrive in the future.”
Commenting Mark Logan MP said:
“Need help? Then please contact me by email at any stage. It is a challenging time for business owners – both financially and mentally, this grant will certainly help ease that burden.
I look forward to the return of our brilliant Boltonian businesses”