Restart grants for high street shops and the hospitality sector

Today, Chancellor Rishi Sunak announced £5 billion in Restart Grants for high street shops and hospitality firms – ensuring the hardest-hit businesses have the support they need through the next stage of recovery. 

  • As Britain begins to move into the next phase of our recovery, and a gradual return to normality, the reopening of our high streets will be key to kick-starting our economic recovery.  
     
  • That is why the government is delivering further support to the thousands of businesses that have been hit hardest by the pandemic through a new £5 billion grant scheme – ensuring firms can reopen and get going again as restrictions ease and people return to their high streets.

    • Under the scheme, non-essential retail businesses will get up to £6,000 per premise to help them reopen and start trading safely.
       
    • Hospitality, accommodation, leisure, personal care and gym businesses in England – which will open later under the roadmap or will be more impacted by restrictions when they do open – will get up to £18,000 per premise.
       
  • There is now light at the end of the tunnel and the support announced today, combined with the UK's record-breaking vaccine programme, will allow our high-street shops to reopen their doors with optimism.
     
  • The Chancellor will outline further details of the next steps in our response to the pandemic at the Budget on Wednesday 3 March.

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