Following the council’s promise to accelerate payments of the Government’s business grants to local businesses, over £34m has been processed by the Council to be paid into business bank accounts.
Council officers have worked throughout the Easter weekend to ensure over 2,500 businesses will receive their payments as quickly as possible. Some businesses may get their payment later in the week, as teams carry out rigorous fraud checks to ensure all the claims are genuine. We will also be contacting businesses who are yet to claim.
Cllr Keith Aspden, Leader of City of York Council, said:
“Processing these payments and supporting our local businesses is absolutely crucial and a key priority as part of our coronavirus response. That is why we have committed to processing these payments faster and Council staff have been working hard over the bank holiday weekend to ensure these payments reach businesses as quickly as possible.
“We know that these payments are vital for York businesses who bring so much to our city. I’m pleased that we will see over £34,000,000 processed and paid to businesses this week and I would encourage any business yet to apply, to visit our website and apply as soon as possible.”
Cllr Andrew Waller, Executive Member for Economy and Strategic Planning, added:
“I would like to thank our teams who have worked tirelessly these past few days to ensure that these payments are ready to be processed as soon as the banks reopened.”
“They have done this whilst ensuring strict checks and balances are met to ensure fraudsters don’t take advantage of this situation.”
“We will continue to prioritise the payment of these grants, so businesses who have been negatively affected by this crisis can be supported.
Since opening applications for the grants the council has received over 3500 applications and has been working to speed up a process which includes government-defined requirements to:
- collect company information including VAT registration details
- clear every application through the government’s anti-fraud systems
- verify bank details and company identity
For all the support available for businesses in York please visit www.york.gov.uk/BusinessSupport