Covid-19 financial hand-outs revealed
Almost £80m was paid to local businesses by government in terms of salary support during the Covid-19 pandemic.
Only five companies have paid back what they were given - Arragon Properties, Island Aggregates, McKenzie Fox, Ramsey Bakery and one un-named firm, totalling just over £300k
Over £10m was handed out as part of the Coronavirus Business Support Scheme with a similar amount given again during the two Circuit Break Lockdowns.
In terms of Premises Support around £2m was given out with a further £2m for Business Adaptation and Overheads
A total of roughly £5m was paid out for the December and Winter disruption schemes plus Hospitality Transition Support.
All in all, according to the Covid-19 Financial Support Schemes Data, a total of around £110m was paid out by government to local businesses.
Government issues clarification on proposed changes to public housing policy
DHSC 'considering policy options' as Hyperbaric Chamber calls for more funding
'Really special', says charity as historic furniture returns to Island
Government 'supporting' Strix after announcement of Ramsey factory closure