Coronavirus Support

The Government has announced various measures to help minimise the impact of COVID-19 on small businesses.

Some of these measures include:

  • Statutory sick pay relief package for SMEs
  • Grant funding for those in receipt of business rates relief
  • A 12 month business rates holiday for retail, hospitality and leisure businesses
  • Loans of up to £5m for SMEs via the British Business Bank
  • Grant funding for businesses with rateable property from £15k – £51k
  • New lending facility from the Bank of England to support liquidity
  • HMRC Time to Pay Scheme (helpline number listed below)

Visit the GOVUK page for more detailed information

For more support from Black Country Growth Hub here