Coronavirus: £40m handed to struggling Harrogate firms

Coronavirus: £40m handed to struggling Harrogate firms

Published by Local Democracy Reporter Jacob Webster at 5:33am 29th April 2020.

Over 4,000 businesses seek financial help

  • More than £40m has been dished out to Harrogate businesses who're struggling during the coronavirus pandemic.
  • Over 4,000 firms have accessed an emergency government funding pot of £12.3bn.
  • Harrogate District Council is urged those who're eligible for a grant to come forward.

More than £40million has been paid out to Harrogate businesses hit hardest by the coronavirus pandemic.

The government has released figures of how much all councils have distributed from the national £12.3billion pool of emergency grants.

As of Monday, Harrogate Borough Council had paid out £40.4million of the £50.1million share it was given by the government.

This is made up of payments to 3,324 of 4,233 eligible businesses, though all firms may not have applied for help.

Harrogate Borough Council's been given over £50m for struggling firms

The council said it has been working every day of the week to process the payments – and will continue to do so until every eligible business has received their payment.

Companies that receive small business rates relief or rural relief can apply for a £10,000 grant – while hospitality and leisure businesses, with a rateable value of between £15,000 and £51,000, can get a £25,000 grant.

Retail, hospitality, leisure businesses and childcare nurseries, regardless of rateable value, will also not pay any business rates in the next financial year.

Chief Executive of Harrogate Borough Council, Wallace Sampson, said the council had started sending out the emergency money to struggling businesses even before it arrived from the government.

Local Government Secretary Robert Jenrick said:

“I congratulate Harrogate Borough Council for their tireless work in distributing these grants and efforts by local authorities to ensure grants continue to be paid out as quickly as possible, and I will support them as they keep working to ensure that all eligible businesses in their area get the support that they need.

“I continue to urge councils who have been slower in making progress to accelerate efforts with immediate effect.

“Small businesses across the country are depending on these grants and they must prioritise making these payments and must now wait any longer.”

More information can be found on the Harrogate District Council website.