Workington MP welcomes support for local businesses

Workington MP Mark Jenkinson has welcomed news that more than 2,000 small businesses across Allerdale have received Government coronavirus support.

The Government has distributed more than £12 billion to local authorities for the small business grants scheme with more than £6 billion already paid out to half a million business properties. 

In recognition of the extraordinary pressures facing small businesses during the coronavirus outbreak, the Government launched the Small Business Grants Scheme, backed by £12.3 billion.

The funding is provided to local authorities, who are then able to offer grants of up to £10,000 to small businesses, and up to £25,000 for eligible leisure, retail and hospitality businesses. Since the scheme’s launch in March, £6.1 billion has already been paid out to 491,725 business properties across England, including 2,698 by Allerdale Borough Council.

Allerdale Borough Council has been allocated over £42 million to support up to 3435 business properties identified as potentially eligible. 2698 of those properties have already received their grant. In total, more than £31 million has made its way to small businesses in the area.

The Government is providing a huge and unprecedented package of support to help small businesses during the coronavirus outbreak, including:

  • Helping to pay people’s wages through the Coronavirus Job Retention Scheme, including for more than a million people who are employed by the 140,000 businesses which applied for the scheme in the first day alone.
  • Introducing the Coronavirus Business Interruption Loan Scheme to provide loans of up to £5 million, interest free for 12 months, to small businesses.
  • Taking all retail, leisure and hospitality businesses out of business rates altogether for the next year.
  • Helping small and medium-sized businesses with the cost of paying Statutory Sick Pay for employees off because of Covid-19. 

Workington MP Mark Jenkinson said:  “This is a hugely challenging time, especially for those who run small businesses like those in towns and villages throughout my constituency.

“The support that Government has provided, including over £42 million to be used by Allerdale Borough Council to award grants to small businesses operating within the Workington constituency, is a welcome lifeline.

“Importantly at present, the message remains to stay at home, protect our NHS and save lives – these grants ensure that owners of small businesses are able to keep their businesses, protect jobs and pay their bills.” 

Business Secretary Alok Sharma said: “I am very grateful to local authorities who have been working flat out to ensure these vital funds get to hard-pressed small business owners. Government is doing everything we can to support individual councils and help ensure that these grants reach local firms as soon as possible. I urge everyone to keep working at pace to get the money where it is needed quickly.”