Richard welcomes support for North East Beds businesses, jobs and incomes.

Richard has today welcomed latest figures from the Government which show that jobs, incomes and businesses continue to be supported in North East Bedfordshire through the pandemic.

Latest figures show that up to 30 June, over 16,000 workers have been furloughed through the Coronavirus Job Retention Scheme and over 5,000 self-employed people have received help through the Self-employment Income Scheme. As of 2 August, latest figures published by the British Business Bank today, show that in North East Bedfordshire, over 1700 loans worth £65,202,283 have been offered across both Coronavirus Business Interruption Loan Scheme (CBILS) and the Bounce Back Loan Scheme (BBLS) giving access to finance businesses need to survive and stabilise, putting them in a better position to grow as we move into recovery

As of 5 July, over 1300 local businesses have received cash grants of up to £25,000 and over 400 local businesses in the retail, hospitality and leisure sector and 22 nurseries will pay no business rates this year.

Richard said: "The government has done the right thing helping people and businesses through the pandemic and they are continuing to support them as we come out of it. And as we now work to restart our economy, schemes such as the hugely popular Eat Out to Help Out are already proving a huge success at getting customers back into local businesses."

 

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