Last updated: 6th January 2022

 

To stay up to date with the latest announcements in relation to COVID-19, please head to the Government website.

The Chancellor announced on Tuesday 21st December 2021, that additional support will be available for businesses who have been impacted by the Omicron variant. Further details can be found here. Below is a summary of the announcement:

Other support available to businesses include:

> The scheme will only be open to businesses with a turnover not exceeding £45m per annum
> The maximum amount of finance available will be £2 million per business (maximum amount per Group limited to £6m)
> The guarantee coverage that the government will provide to lenders will be reduced to 70%

Local support

You can also find free support, advice, and information on sources of finance through your local Growth Hub.

 

If you have a query that isn’t covered by this guidance you can contact the Government Business Support Helpline.

 

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