Race to implement economic support package

By Dan Peters | 21 March 2020

Council finance officials and civil servants have raced to work out how to implement the Government’s enhanced package of economic support for coronavirus-affected businesses.

The Government pledged grant funding of £10,000 for all firms in receipt of small business rate relief or rural rate relief and grant funding of £25,000 for retail, hospitality and leisure firms with property that has a rateable value of between £15,000 and £51,000.

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Local economies Whitehall Business Finance Economic growth Coronavirus