Ribble Valley hoping to keep surplus £500k meant to help businesses in Covid lockdowns
Ribble Valley company applications for a £1.2million business rates relief scheme for covid pandemic disruption has been ‘very disapppointing’, borough councillors have been told.
The Covid-19 Additional Relief Fund was aimed at businesses which had not been included in earlier pandemic help schemes, such as shops or children’s nurseries. It was created by the government but handled by local councils, which had to judge applications on government criteria but had some flexibility on how much money was given to eligible businesses.However, applications from Ribble Valley firms have been low, the borough’s Policy & Finance Committee heard at its latest meeting.
A report for the committee stated: “The number of applications has been very disappointing, but each eligible business has been contacted on several occasions and invited to apply. A key requirement of the government is that the business has been adversely affected by the pandemic and this may have an impact on the number of applications received.”
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