Coronavirus - Business Support

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Coronavirus (COVID-19) support is available to businesses

  • Loans, tax relief and cash grants are available
  • Employers can apply for staff to get up to 80% pay if they can’t work
  • Self-employed people can receive up to £2,500 per month in grants for at least 3 months

On 17 March, the Chancellor announced an unprecedented package of government-backed and guaranteed loans to support businesses, making available an initial £330bn of guarantees – equivalent to 15% of GDP.  This was on top of a series of measures announced at Budget 2020.

The government announced £30 billion of additional support for public services, individuals and businesses experiencing financial difficulties because of COVID-19, including a new £5 billion COVID-19 Response Fund, to provide any extra resources needed by the NHS and other public services to tackle the virus.

The government has taken new legal powers in the COVID-19 Bill, enabling it to offer whatever further financial support it thinks necessary to support businesses.

For further information and guidance on how you or your business can access support if you are experiencing financial difficulties because of COVID-19, please click here.

If you want the latest information on the government’s COVID-19 Recovery Strategy you can go here.  

For information about the virus and how to protect yourself:

Use the NHS 111 online Coronavirus service to check if you need medical help