The Chancellor of the Exchequer has announced a package of measures to support businesses through this period of disruption caused by COVID-19.

COVID-19 Package

The government has set out a package of temporary, timely and targeted measures to support public services, people and businesses through this period of disruption caused by COVID-19.

This includes a package of measures to support businesses including:

  1. Statutory Sick Pay relief package for small to medium-sized enterprises (SMEs)
  2. 12-month business rates holiday for all retail, hospitality and leisure businesses in England
  3. small business grant funding of £10,000 for all business in receipt of small business rate relief or rural rate relief
  4. grant funding of £25,000 for retail, hospitality and leisure businesses with property with a rateable value between £15,000 and £51,000
  5. the Coronavirus Business Interruption Loan Scheme offering loans of up to £5 million for SMEs through the British Business Bank
  6. new lending facility from the Bank of England to help support liquidity among larger firms, helping them bridge coronavirus disruption to their cash flows through loans
  7. The HMRC Time To Pay Scheme

More information is available at GOV.UK - about the government guidance to employers and businesses.

Chamber of Commerce Toolkit

The North and Western Lancashire Chamber of Commerce has produced a toolkit to help businesses with the coronavirus pandemic.

The FSB advice and guidance

The National Federation of Self Employed and Small Businesses Limited (FSB) also has advice and guidance on the coronavirus.

The Lancashire Enterprise Partnership

The Lancashire Enterprise Partnership website will be updated regularly to provide information on the support packages available and how to access them.

Boost Business Lancashire

The #AskForHelpservice from Boost Business Lancashire is available to all Lancashire business owners.

Please call them on 0800 488 0057 to discuss all business issues related to the coronavirus outbreak.

Their team will advise where possible, as well as directing businesses to expert advisers across Lancashire.

You can also fill in this online form if you need business support and we will do our best to help.

General business support enquiry