Decisions made

In response to the Coronavirus the Government announced there would be further support for small businesses and businesses in the retail, hospitality and leisure sector. A grant payment would be made to qualifying ratepayers administered by the Local Authority.
The Government have provided guidance and eligibility criteria.
The cost of the scheme will be funded by way of a S.31 grant payment from government on 1 April 2020 to cover the cost of providing grant payments to eligible businesses.
The council is administering and managing the schemes essentially on behalf of government and is responsible for the administration and payment of the grant monies. The additional costs involved in the administration of this scheme is intended to be reimbursed by the government using new burdens funding.

That the Chief Executive and s151 Officers of Chorley Council approve payment of the business grants in line with the government guidance and the council’s own procedure

PURPOSE OF REPORT
To seek approval of the establishment of a budget to support the Council’s response to the Covid-19 pandemic.
BACKGROUND
Covid-19 and the subsequent move to Delay has had significant impacts for residents and businesses in the borough. The direction to stay at home and socially distance, the closure of shops and businesses which is a consequence of this directly effects the social, health and economic well-being all of society.
Given the scale of the pandemic it is understandable the Government is giving a measured response, however, it has to be recognised that there is an urgent need at local level which is not being met. Chorley Council recognise that whilst these responses are comprehensive there are gaps and we are best placed to identify appropriate local levels of support.
The council obligations to quickly support its community and businesses are apparent and in order to do this it is proposed to create a £1m Covid-19 Response Budget. This will be used to establish schemes and initiatives that support those in need where other forms of support are inadequate or do not exist.
REASONS FOR THE DECISION
The Covid-19 Pandemic has had an unprecedented impact on the United Kingdom, affecting businesses, individuals and in particular the most vulnerable in society.
This Government have set out a suite of support measures including financial support. However, this Council recognises the importance of a speedy response to issues that arise particularly for those with health issues or on low incomes. While the national schemes are welcomed, local support will also be required. The proposed budget will enable the Council to set up local support schemes quickly to ensure help is given to those who need it quickly.

That Council approve the creation of the Covid-19 Response budget in the sum of £1m to enable the support of businesses and residents in the borough.