EIA - Thousands of businesses across England facing further job losses or bankruptcy due to local authorities failing to pay up to £1.4bn of emergency COVID-19 grants

EIA - Thousands of businesses across England facing further job losses or bankruptcy due to local authorities failing to pay up to £1.4bn of emergency COVID-19 grants

Freedom of Information Request by the Events Industry Alliance to Local Authorities across England has shown that an estimated 87 per cent of the £1.6bn Additional Restrictions Grant (ARG) funds announced by the UK Government have yet to be paid out to companies, despite the scheme being launched four months ago

The ARG scheme was announced in October to help businesses forced to close due to COVID-19 restrictions, including those in the events, exhibitions and hospitality sectors

Businesses closed by COVID-19 restrictions face being forced into making further job cuts or bankruptcy due to local council delays.

Please access press release below.

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