Some East Riding businesses still waiting for Covid-19 scheme cash

Hundreds of the East Riding businesses have not received cash as part of a scheme to help them stay afloat during the Covid-19 pandemic, figures reveal.

Friday, 12th June 2020, 9:00 am
East Riding of Yorkshire Council was mentioned as being one of the top five councils in the country over payments.

The Federation of Small Businesses has urged councils across the country to get cash to the thousands of companies still in need of support.

In March, the Chancellor Rishi Sunak announced grants of between £10,000 and £25,000 for small and medium-sized businesses to support them during the coronavirus crisis.

The cash is provided for a business property so firms with multiple outlets can receive more than one payment.

The East Riding of Yorkshire Council was yet to pay 330 business properties flagged as qualifying for help by May 31, the latest Department for Business, Energy and Industrial Strategy figures show.

However, 95% of the 6,655 properties earmarked had been sent grants – above the national average of 86%. Firms in the area have received £71.8 million so far, from an allocated pot of £87.1 million.

Mike Cherry, chairman of the Federation of Small Businesses, said many councils are doing their best to distribute the grants announced in March.

There were five councils across the country that had paid grants to all business properties deemed eligible, according to the data.

A spokesman for East Riding of Yorkshire Council said: “Since 1 April, the council have paid 6,391 business grants to the value of £72.88 million and was mentioned by the Secretary of State for Housing, Communities and Local Government as being one of the top five councils across the country for getting this money to local businesses.

“All new small business grant applications made are being considered on the day on which they are received and the team are continuing to deal with specific business enquiries. There are around 330 of the applications received which require more extensive checking before a grant can be paid.

“There are some businesses that have not yet applied for the grants, and where we have contact details, the business rates team have been pro-actively contacting these organisations and encouraging them to make an application for the grants.

“The council would still encourage those who believe they are eligible but have not yet applied to make an application.”

A message from the Editor:

Thank you for reading this story on our website. While I have your attention, I also have an important request to make of you.

In order for us to continue to provide high quality and trusted local news on this free-to-read site, I am asking you to also please purchase a copy of our newspaper.

Our journalists are highly trained and our content is independently regulated by IPSO to some of the most rigorous standards in the world. But being your eyes and ears comes at a price. So we need your support more than ever to buy our newspapers during this crisis.

With the coronavirus lockdown having a major impact on many of our local valued advertisers - and consequently the advertising that we receive - we are more reliant than ever on you helping us to provide you with news and information by buying a copy of our newspaper. Thank you