Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment he has made of the adequacy of financial support available to serviced office providers during the covid-19 outbreak.

The Government has introduced an unprecedented package of support for businesses including grants for those businesses that are required to close or which are severely affected by the restrictions put in place to tackle Covid-19.

For those businesses who have not been mandated to close under the National Restrictions, support may be available through the discretionary Additional Restrictions Grant. Local Authorities are encouraged to support businesses from all sectors that may have been severely impacted by restrictions but are not eligible for the Restart Grant scheme. Local Authorities can use their local expertise to target businesses to support in their local area. Local Authorities are responsible for the administration for the Grant Scheme.

My Rt. Hon. Friend Mr Chancellor of the Exchequer has announced an additional £425m will be made available via the Additional Restrictions Grant meaning that more than £2bn has been made available to Local Authorities since November 2020.

Businesses and entrepreneurs that have not been able to access support, or who are unsure about the support that may be available, can also contact their nearest Business Growth Hub. Government has supported the establishment of a network of 38 of these hubs, led by each Local Enterprise Partnership area in England. Expert advisers can offer businesses of all sizes free, tailored 1-1 guidance on areas such as planning, building resilience, and funding. The hubs can also signpost further resources such as webinars and networking opportunities. LEP and Growth Hub contact details are listed online: www.lepnetwork.net/local-growth-hub-contacts/. Firms based in Northern Ireland, Scotland and Wales can access similar business support through the devolved governments.

The Government’s free Business Support Helpline FREEPHONE 0800 998 1098 also provides impartial advice and can often signpost firms to further specialised sources of information.  The Government publishes online all information detailing the support available to businesses who have been affected by the Coronavirus pandemic. This can be found online: www.gov.uk/coronavirus/business-support.