Nottinghamshire authorities top the charts on vital COVID-19 funding stream to businesses

Nottinghamshire is topping the charts for distributing a vital stream of COVID-19 central government grants to local businesses, according to a new report.

All eight local authorities in the County responsible for reaching out with the Additional Restrictions Grants (ARG) funding since last October appeared in the top 10% of Councils distributing the support nationally.

It follows a report by the Department for Business, Energy and Industrial Strategy (BEIS).

Small and medium size businesses in Notts have now received over £12.5 million of funding compared with less than £4m or just 2.27% of grants distributed to London boroughs, in data up to January 17 this year.

Bassetlaw was ranked 4th out of 317 in the national list of Local Authorities that have paid out the highest percentage of funds that have been allocated to them by the Government.

It follows the work of revenues and other teams at Rushcliffe Borough Council, Ashfield District Council, Broxtowe Borough Council, Gedling Borough Council, Mansfield District Council, Newark and Sherwood District Council and Nottingham City Council.

Local authorities are able to use the Additional Restrictions Grant until the end of financial year 2021/2022 following Tier 3 restrictions and closures last year.

Leader of Bassetlaw District Council Cllr Simon Greaves, said: “The figures highlight the excellent performance of so many Nottinghamshire councils and is testament to their hard work to reach out with these lifeline grants to thousands of businesses.

“Many businesses have been closed or affected by the pandemic for long periods, so it’s heartening that in the County and Bassetlaw, we are leading the way in ensuring those who are eligible have received this funding.

“At Bassetlaw, we have made it our priority to distribute vital grants as quickly as possible, whilst also ensuring that checks and balances are in place to ensure that the money is distributed to genuine businesses and prevent fraudulent claims.

“We will continue to support businesses through this Government funding and our own Economic Development Team as businesses start to reopen in line with the Government’s roadmap.

Last month the Events Industry Alliance similarly reported £1.3 billion of the £1.6 billion allocated for ARG payments nationally since October has yet to be paid.

Last Updated on Tuesday, April 27, 2021