Hospitality and Leisure Sector Grants Announced
The Government announced a £1bn package of support for hospitality and leisure businesses on 21 December 2021. The package will provide one-off grants of up to £6,000 per business premises and additional local government funding for local authorities to support local businesses.
In recognition of the severe impacts the Omicron variant is having on the hospitality and leisure sectors at a time when they would ordinarily be most profitable, the government has confirmed it will act to support affected organisations.
The grants will be administered by local authorities and will be made available in the coming weeks.
Hospitality and leisure sector support: what we know
Whilst more detail is expected to be available in the coming days, the Government has confirmed the following package of reliefs for qualifying affected businesses:
- Businesses in the hospitality and leisure sectors in England will be eligible for one-off grants of up to £6,000 per premises
- Statutory Sick Pay for covid-related absences will be covered by the Government for small and medium-sized employers across the UK
- A further £100m of funding to local authorities for discretionary support of local businesses
- An additional £30m of funding will be made available to the Culture Recovery Fund, which may enable support for additional cultural organisations through the winter period
Government information on support for hospitality and leisure businesses
For information on this news, please visit the official gov.uk website page, which explains these developments in more detail: https://www.gov.uk/government/news/1-billion-in-support-for-businesses-most-impacted-by-omicron-across-the-uk