Meeting of the Parliament (Hybrid) 28 January 2021
I agree with Maurice Golden on the importance of money reaching businesses, which is why I am so pleased that local government has been paying out tens of millions of pounds this week alone for the strategic framework business fund grants of up to £3,000 every four weeks. The top-ups are being paid this month as well, with up to £25,000 for our bigger hospitality businesses, which are pubs or restaurants with a rateable value of over £51,000. A business in Scotland will receive £16,000 more than its English equivalent.
It is important to get the money out the door quickly and it is important that we work collaboratively with local government. That is why we have provided additional funding of £12 million to local government to help to distribute grants as quickly as possible. However, let us not take our eye off the ball—grants are being paid right now.