Support scheme for businesses to be extended

Fri, 13/11/2020 - 17:01 -- Editor

Following the Executive’s decision last night, Finance Minister Conor Murphy has confirmed that the Localised Restrictions Support Scheme will be extended for businesses still required to close or severely limit their operations.

Minister Murphy said: “Every effort is being made to process applications as quickly as possible and so far, £12.9 million of payments have issued to 3,418 businesses under my Department’s Localised Restrictions Support Scheme.

“Businesses which have already applied to this scheme do not need to make a further application. Another payment will automatically be given to eligible businesses to cover their additional period of restrictions.

“Last week the Chancellor provided a £400 million uplift for the Executive’s response to Covid-19. I have encouraged Executive colleagues to urgently bring forward proposals to use this money.”