Helping businesses keep going: Business rate relief

The government has announced that businesses will receive almost £10 billion in business rates relief this year, giving them a financial boost and the resources they need to weather this national emergency.
  • The government recognises all the economic impact the current lockdown measures are having, which is why theye have put in place an unprecedented package of support for businesses.
     
  • Businesses in the retail, leisure and hospitality sectors play a vital role in our communities, and we stand right behind them. In addition to the £6 billion in business grants already awarded, companies will benefit from almost £10 billion in rates relief this year – helping them with their cashflow during this difficult period.
     
  • The government has made clear that it would do whatever it took to support local business and protect jobs and that is exactly what this assistance will do. The governmetn stands behind bujsiness as we all work to protect the NHS and save lives.

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