Nottinghamshire is topping the charts for distributing a vital stream of COVID-19 central Government grants to local businesses, according to a new report.

All eight local authorities in the County responsible for reaching out with the Additional Restrictions Grants (ARG) funding since last October appeared in the top 10% of Councils distributing the support nationally.

It follows a report by the Department for Business, Energy and Industrial Strategy (BEIS).

Small and medium size businesses in Notts have now received over £12.5 million of funding compared with less than £4m or just 2.27% of grants distributed to London boroughs, in data up to January 17 this year.

It follows the work of revenues and other teams at Rushcliffe Borough Council, Ashfield District Council, Bassetlaw District Council, Broxtowe Borough Council, Gedling Borough Council, Mansfield District Council, Newark and Sherwood District Council and Nottingham City Council.

Local authorities are able to use the Additional Restrictions Grant until the end of the financial year 2021/2022 following Tier 3 restrictions and closures last year.

Leader of Broxtowe Borough Council, Councillor Milan Radulovic MBE said: “These grants have been a real lifeline for our local businesses in Broxtowe and across Nottinghamshire.

I’d like to thank those businesses for their patience whilst Officers have been working hard behind the scenes to get them paid as quickly and efficiently as possible.

We’ll continue to work with our business community to roll out further schemes in the same, timely way and to help support them as many of them prepare to re-open in the coming months.”

Last month the Events Industry Alliance similarly reported £1.3 billion of the £1.6 billion allocated for ARG payments nationally since October has yet to be paid.

Its research suggested some Councils across the UK are distributing the funding in tranches lasting until the deadline next March.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s