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PRIVACY
Enterprise

Plymouth City Council pays out £75m in Covid grants to businesses

Local authority says there are still some businesses which are entitled to help but have not applied - and time is running out

Plymouth city centre and waterfront

Plymouth City Council has distributed nearly £75million in grants to support businesses through coronavirus restrictions since April 2020 - but many businesses still haven’t claimed the financial support they’re entitled to.

More than 15,000 Plymouth businesses have been supported by 10 different Government grant schemes, including the Local Restrictions Support Grant (LRSG) and Additional Restrictions Grant (ARG).

Council leader Tudor Evans said: “Plymouth City Council staff have worked incredibly hard in challenging circumstances to get money out to businesses quickly and we understand how desperately important these grants are.

“I’d like to thank businesses for their patience. We’re currently administering 10 different grant schemes and our finance team has made more than 15,800 payments which as you can imagine, has required a huge amount of admin to process.

“Each time a new grant is announced, there’s a delay in us receiving both the guidance and the funding from Government. We really do appreciate that this can be frustrating for businesses, but I want to reassure you that we’re turning these grants around as fast as we can.”

The LRSG supports rate-paying businesses that were forced to close during periods of national lockdown since November – known as the LRSG (Closed) - and throughout the subsequent tiered restrictions with the LRSG (Open) scheme.

The LRSG payments vary depending on rateable value, with separate grants to cover different time periods:

November 5 to December 4, 2020