News story

New funding for flood-affected businesses

New £5 million business support scheme to help flood-affected businesses get back on their feet.

Flood warning sign

This news item is not being updated. Read Winter flooding 2015: community support for current information.

Today the Chancellor announced additional funding to support those affected by last weekend’s floods in Cumbria and Lancashire.

As part of that, BIS has committed £5 million for businesses, with funding equivalent to £2,500 per business provided to local authorities. It’s estimated that 2,000 firms may have been impacted by the floods.

Minister for Small Business Anna Soubry said:

We are providing £5 million of quick support for businesses forced to close their doors due to the floods. Our priority is to help these hard working business owners get back on their feet, so they can open their shop doors and be back in business for Christmas.

Yesterday the Communities Secretary Greg Clark announced council tax and business rate relief for those flooded.

Please contact your local Growth Hub for more information on how to access the business support.

Cumbria

Growth Hub contacts for Cumbria: Telephone: 0844 257 8450 or email info@cumbriagrowthhub.co.uk

Lancashire

Growth Hub contacts for Lancashire: Telephone: 0800 488 0057 or visit www.boostbusinesslancashire.co.uk

North East

North East Growth Hub including Northumberland: Visit http://negrowthhub.co.uk/

Published 9 December 2015