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Floods: Small Businesses

Question for Department for Business, Innovation and Skills

UIN 904152, tabled on 14 March 2016

To ask the Secretary of State for Business, Innovation and Skills, what assessment she has made of the effect of recent floods on small businesses.

This answer is the replacement for a previous holding answer.

Answered on

21 March 2016

The most recent available data indicated that 4,940 businesses across northern England had been flooded following this winter’s exceptional rainfall. The vast majority of these will be small and medium size businesses. Impacts included flooded property, loss of stock and equipment and interruption to trading.

Our interventions, include business recovery grants (a total of £11 m from BIS, of which £4,572,000 has been paid out), business rate relief (£4.26 m from DCLG), and property level resilience scheme (£5,000 per household or business, to incorporate greater flood resilience into property repairs).

Answered by

Department for Business, Innovation and Skills
Named day
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