More Financial Support Available for Local Businesses
Nearly 800 firms in Wandsworth to receive Additional Restrictions Grant
A further £3.4m in financial support has been released for businesses in the borough of Wandsworth facing hardship as a result of the ongoing Covid-19 restrictions.
Nearly 800 local businesses will now receive an additional £4,500 each in Additional Restrictions Grant (ARG).
Businesses which have previously received an ARG award will receive the money automatically and do not need to claim it.
This latest top-up payment brings the total amount of financial support local businesses have received from the council since the pandemic struck to more than £150m.
Since March 2020 Wandsworth Council has awarded £79.8m in cash grants to local businesses along with an additional £69.2m in business rates relief.
Wandsworth’s cabinet member for economic development, skills and employment Cllr Rhodri Morgan said: “We know that businesses have been hit hard over the course of the pandemic and that the latest extension to the roadmap will have dashed their hopes of an early bounce back, so I’m glad we are able to offer this fresh wave of support to help them keep their heads above water until life begins to return to normal.”
And the council’s finance spokesman Cllr Kim Caddy added: “Since the beginning of lockdown we have responded swiftly and effectively to support our local businesses and help them survive these unparalleled challenges. I am delighted that we are able to offer another round of funding to continue this assistance.”
Businesses can find out more about the financial support available at www.wandsworth.gov.uk/business-rates-grants or by calling (020) 8871 6454.
Like Reading Articles Like This? Help Us Produce More This site remains committed to providing local community news and public interest journalism. Articles such as the one above are integral to what we do. We aim to feature as much as possible on local societies, charities based in the area, fundraising efforts by residents, community-based initiatives and even helping people find missing pets. We've always done that and won't be changing, in fact we'd like to do more. However, the readership that these stories generates is often below that needed to cover the cost of producing them. Our financial resources are limited and the local media environment is intensely competitive so there is a constraint on what we can do. We are therefore asking our readers to consider offering financial support to these efforts. Any money given will help support community and public interest news and the expansion of our coverage in this area. A suggested monthly payment is £8 but we would be grateful for any amount for instance if you think this site offers the equivalent value of a subscription to a daily printed newspaper you may wish to consider £20 per month. If neither of these amounts is suitable for you then contact info@neighbournet.com and we can set up an alternative. All payments are made through a secure web site. One-off donations are also appreciated. Choose The Amount You Wish To Contribute. If you do support us in this way we'd be interested to hear what kind of articles you would like to see more of on the site – send your suggestions to the editor. For businesses we offer the chance to be a corporate sponsor of community content on the site. For £30 plus VAT per month you will be the designated sponsor of at least one article a month with your logo appearing if supplied. If there is a specific community group or initiative you'd like to support we can make sure your sponsorship is featured on related content for a one off payment of £50 plus VAT. All payments are made through a secure web site. |
June 18, 2021
