Business news

Small business payments – Cllr John Dennis.

News on Coronavirus crisis from Cllr John Dennis, Ward Member for South West Holderness.

These payments (see below) will allow small entrepreneurs to continue to support their businesses, pay their wage bills and help them survive the crisis period. They will hopefully be able to continue to keep their staff and re-offer services when they are told they can start up again.

East Riding of Yorkshire Council has paid out Government grant payments to 1,942 small businesses today (Wednesday 1 April) worth a total of £19,420,000.

The council is working hard to support East Riding businesses during the hardship caused by the coronavirus lockdown through the Government’s business grants scheme and business rates relief.

Today’s payments via bank transfer are the first of many. Starting today, the council will be processing grant payments daily to get the money to businesses as soon as possible following payment by the central Government.

More than 7,000 applications are expected to be processed over the coming days

More from East Riding of Yorkshire Council – Look for the Business, finance and guidance section:

https://emergency.eastriding.gov.uk/coronavirus-covid-19/

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