Wednesday 18 November 2020

Additional Covid support measures

I know from the emails I receive from constituents how worried people are about their health, the health of their loved ones, their jobs, their businesses, and their financial security. And that’s why the Government’s economic priority remains the same: protect jobs.  The Government have announced new measures – including extending furlough, more generous support for the self-employed, and plans to extend existing loan Schemes and the Future Fund to the end of January and an ability to top-up Bounce Back Loans.

These announcements will give businesses, whether they are open or required to close, the flexibility to adjust and plan over the coming months – and comes on top of the £200 billion package of support we have committed since the beginning of the crisis.

The Government have allocated £24 million to Cornwall Council to support businesses through this current period and I welcome this vital safety net to our businesses.

To offer support to those businesses not eligible under the Local Restrictions Support Grant, the Government has also allocated £11.4 million to Cornwall Council for Additional Restriction Grants.  

Details of the Additional Restriction Grant scheme can be found at the link below and will be updated shortly with details of how to apply:

https://www.cornwall.gov.uk/business/business-rates/business-rates-and-coronavirus/local-restrictions-support-grant-scheme/

Businesses can also find out more about other support available by contacting the Growth Hub.  Their service is free, independent and impartial and their friendly team of locally based experts work directly with businesses to help identify and access the support they need no matter what their circumstances.  Contact Growth Hub on 01209 708 660 from 9am until 5pm, Monday to Friday, or visit the website for a webchat with the team or to request a call back below:

www.ciosgrowthhub.com

My team and I are also available to assist in any way we can so if you would like more information please do not hesitate to contact me on Cherilyn.mackrory.mp@parliament.uk.

 

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