Additional support for businesses
The Government has announced support measures for businesses experiencing increased costs or financial disruptions due to COVID-19. These measures include:
1. A statutory sick pay relief package for small and medium-sized enterprises (SMEs)
2. A 12-month business rates holiday for all retail, hospitality and leisure businesses in England
3. Grant funding of:
a. £10,000 for all business in receipt of small business rate relief or rural rate relief
b. £25,000 for retail, hospitality and leisure businesses with property with a rateable value between £15,000 and £51,000
4. Interest-free Coronavirus Business loans will be increased to £5m, up from £1.2m announced at last week's budget. No interest will be due for the first six months
5. HMRC Time To Pay Scheme
At this stage Chorley Council has no additional information to share with businesses. Our website will be updated when any further details are confirmed. Information is also available on the Government’s website here
We believe Chorley is a great place to do business. Economic Development is one of the Council’s main priorities as we seek to develop a strong local economy and a place where businesses can flourish. We are here to help and make sure that you get all the support you need, whether it's realising your start up, location, expansion or new investment.
We have a dedicated business support team in place to ensure businesses and developers get all the support they need, using our contacts, local knowledge and advice alongside a warm welcome from the Leader, the MP and the Council’s Chief Executive. Your move to Chorley or your business expansion if you are already in the area could also attract financial support in the form of grants or access to other sources of funding from partner organisations. There's lots of information on these pages about what we can offer. You can also check out our inward investment website at choosechorley.co.uk.