Cash Support Will Be ‘Lifeline,’ Says Harborough Retail Rep
Written by HFM News on 5th January 2021
A new support package for businesses forced to close because of Coronavirus restrictions and the new lockdown is being welcomed by Market Harborough’s independent retailers’ representative.
The chancellor’s announced firms in the retail, hospitality and leisure sectors will get grants of between £4,000 and £9,000 for each property they have, to get them through the spring.
The payments will be calculated on the rateable value of their premises.
Jarrod Burke owns specialist confectionery shop Randalls on Church Square and is Chairman of the Harbs Collective – he gave his reaction to today’s announcement to Hfm:
The Square, Market Harborough
Harborough District Council will administer the payments – the government says it will be provided with the funding for the one-off grants next week.
Cllr Phil King, Leader of the Council, says as soon as they receive full details they will let businesses know and process the payments as quickly as possible:
Rishi Sunak’s also revealed a £594m discretionary fund to support businesses who are not eligible for the one-off grants.
