To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment he has made of the effect of recently imposed Tier 3 covid-19 restrictions in London on jobs in the (a) hospitality and (b) retail sectors in London; and what steps he is taking in support those (i) businesses and (ii) jobs.
This answer is the replacement for a previous holding answer.
12 January 2021
The Government is fully committed to supporting retailers and the hospitality sector as the nation responds to the impacts of COVID-19.
We have entirely removed all eligible properties in the retail, hospitality, and leisure sectors from business rates, so that no pub, hotel, or high street shop will pay business rates for 12 months – worth over £10 billion. We have provided Local Authority grants of almost £11.7 billion paid to 999,735 SME’s in the retail, hospitality, and leisure sectors. We have extended the moratorium on commercial landlords’ right to forfeiture for the non-payment of rent to the end of March 2021.
We?have also extended the?Coronavirus Job Retention Scheme until the end of April 2021,?extended?the Future Fund?to the end of January 2021, with an ability to top-up bounce back loans, and?increased?the support available to the self-employed through the Self-Employment Income Support Scheme Grant Extension.
On 1 December, my Rt. Hon. Friend the Prime Minister announced an additional £1,000 Christmas grant for ‘wet-led pubs’.
On 5 January when the new National Lockdown began, my Rt. Hon. Friend Mr Chancellor of the Exchequer announced a one-off top up grant for retail, hospitality and leisure businesses worth up to £9,000 per property to help businesses through to the spring. £4.6 billion in new lockdown grants has also been made available to support other impacted businesses.