Cllr MacLaren welcomes support for local businesses

“Recent figures from the Scottish Government reveals that over £1.5 million in Covid-19 support grants has been paid out in Renfrewshire between October and December 2020,” said Councillor Kenny MacLaren (SNP – Paisley Northwest).

Across Scotland, more than £55 million in coronavirus (COVID-19) support has been paid out to businesses between October and December through Scottish Government funds.  In Renfrewshire 578 businesses with a Rateable Value of £51,000 or less received a total of £1,427,100 while 21 businesses with a Rateable Value over £51,000 received a total of £129,900.

Many businesses also continue to benefit from non-domestic rates relief financed by the Scottish Government, in addition to the UK Government furlough scheme.

Finance Secretary Kate Forbes said:

“We have allocated over £3 billion to help businesses since the start of this pandemic. These latest figures show the true scale of that support – with our funds paying out 383,000 awards for businesses between March and October and a further £55 million between October and December. We also have significant top-up payments that will be made this month.

“The recent tightening of restrictions means that more businesses will be eligible for the Strategic Framework Business Fund from January onwards and many will also benefit from top-up payments or sectoral grants. The December payments from this fund was made over a week early and local authorities are on track to make the January payment, despite a large increase in the number of new applications this month.

Councillor Kenny MacLaren added:

“This support can never compensate for the full impact on business, but the Scottish Government will continue to work within the resources that are available to protect businesses and build a stronger recovery for Scotland.”