Richard Holden, MP for North West Durham, has confirmed the support that North West Durham has received from the Government’s economic schemes throughout the lockdown.
In North West Durham, the Government has supported
- 12,000 workers who have been furloughed through the Coronavirus Job Retention Scheme
- 3100 self-employed workers through the Self-employment Income Scheme, with £8,200,000 paid out
- 1298 local businesses by offering and providing Government-backed Bounce Back Loans coming to a total of £34,694,379, whilst also supporting local businesses through offers of 40 Government-backed Coronavirus Business Interruption Loan Schemes
- 359 local businesses in the retail, hospitality in the leisure sector, as well as 7 nurseries, by providing full business rate relief this year
- 1874 local businesses have received cash grants of up to £25,000. Overall, £19,879,000 in business grants have been paid out in North West Durham
This support is on top of the Governments Eat Out to Help Out scheme, which you can read about here and will also work alongside the Chancellor’s new Plan for Jobs, which you can read about here and here.
Commenting, Richard said ‘The Government has supported literally thousands of businesses and individuals across the constituency and the UK throughout the coronavirus pandemic and is continuing to support businesses as we see the easing of many restrictions. My office has been contacted by countless constituents who have been seeking help from the Government, and I will continue to work with both my constituents and the Government to ensure everyone gets the help, advice and support they deserve. We are continuing to look at what further help can be given to support the whole country and if anyone needs any help or support, please drop me an email and I’ll do all I can to ensure you get the help you need.’
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