Tourism Alliance Update - £1Bn Support Package
You will have seen on the news that the Government has announced a £1bn fund to support Hospitality and Leisure Businesses. This fund comprises:
- £683 million for grants for hospitality and leisure businesses in England comprising one-off grants of up to £6,000 per premises for eligible businesses
- £102 million top-up for the additional restrictions grant for local authorities to support other businesses
- £30m for the cultural recovery fund to support theatres and museums
- £154 million for Scotland and Wales via the Barnett funding
- There is also a statutory sick pay rebate scheme which will reimburse employers in the UK with fewer than 250 workers for the cost of paying statutory sick pay for Covid-related absences for up to two weeks.