Latest News

Further calls to Government to extend Stamp Duty cut

15 January 2021

A group of 50 Conservative MPs are calling on the Chancellor, Rishi Sunak to extend the stamp duty cut for properties worth less than £500,000 a further 12 months in a major boost alongside The Telegraph’s ‘Stamp Out the Duty’ campaign. Read More...

New building safety regulators proposed for Wales

15 January 2021

The Welsh Government’s Building Safety White Paper covers all multi-occupied residential buildings, from houses converted into flats through to high rise apartment blocks. It sets out major reforms to how properties are designed, built, managed, and lived in whilst proposing clear lines of accountability and a stronger regulatory system. Read More...

Tightened restrictions for working from home and in people’s homes

13 January 2021

First Minister, Nicola Sturgeon, has announced today, 13 January, six new changes to COVID-19 restrictions in Scotland to come into force on Saturday, 16 January, subject to Parliament approval. Among these changes are statutory guidance on working from home and a limitation on working within other people's homes by law. Read More...

 

£4.6 billion funding to protect businesses during third lockdown

Tuesday 05 January 2021

The Chancellor, Rishi Sunak, has announced a one-off top-up grant of up to £9,000 per business for those that have been made to close during the latest lockdown.

Businesses in the retail, hospitality and leisure sectors will be closed until at least mid-February following the Prime Minister’s announcement yesterday, 4 January, and the grants are expected to benefit over 600,000 business properties, worth £4 billion in total across all nations of the UK.

FURTHER SUPPORT

The one-off grant comes in addition to existing business support, including grants worth up to £3,000 for closed businesses, and up to £2,100 per month for impacted businesses once they reopen.

The UK Government has also provided 100 per cent business rates relief for retail, hospitality and leisure businesses, £1.1 billion existing discretionary funding for Local Authorities, the furlough scheme extended to April and 100 per cent Government-backed loans, extended until March.

A further £594 million is also available for local authorities and the Devolved Administrations to support other businesses not eligible for the grants, that might be affected by the restrictions. Businesses should apply to their local authorities.

Quote mark

Throughout the pandemic we’ve taken swift action to protect lives and livelihoods and today we’re announcing a further cash injection to support businesses and jobs until the Spring.

This will help businesses to get through the months ahead – and crucially it will help sustain jobs, so workers can be ready to return when they are able to reopen.

Rishi Sunak, Chancellor