Government pledges additional financial support for flooding
victims
The government has pledged thousands of pounds in
additional financial support for victims of the recent floods.
Businesses in England affected by the floods will be eligible
for 100% business rates relief for at least three months, the government
announced. It also stated that small and medium-sized enterprises (SMEs) that
have experienced severe, uninsurable losses will be able to claim up to £2,500
from the Business Recovery Grant.
Additionally, the government announced that businesses
affected by flooding can apply for up to £5,000 to help make them more resilient
to future flooding.
The Local Government Secretary stated that the
government will convene the cross-Whitehall Flood Recovery Taskforce in order
to provide individual areas with ‘bespoke support and guidance’.
Commenting on the funding, Robert Jenrick, Secretary
of State for Housing, Communities and Local Government, said: ‘Storm Dennis and
Ciara have severely impacted a large number of households and businesses, and I
recognise how destabilising this can be.
‘This extra support, including new funding, will help
people in the worst hit areas to recover and get back on their feet as soon as
possible.’
The announcement only applies to businesses in England.
Flooding is a devolved issue for Wales, Scotland and Northern Ireland.