Chancellor announces support for businesses during lockdown

The Chancellor Rishi Sunak has today announced a further £4bn of support for businesses adversely affected by the lockdown.

Grants of up to £9k will be available for hospitality, retail and leisure businesses.Rishi Sunak

Although nurseries will not be able to benefit from these, the Chancellor is also making £594m available to local authorities and devolved governments for discretionary funding for other businesses.

NDNA has previously written to all councils urging them to use discretionary funding to support early years providers.

Purnima Tanuku, Chief Executive of NDNA, said: “The childcare sector is being asked to go above and beyond to support children and families in this lockdown but today’s announcement from the Chancellor has nothing in it designed to support them. In last year’s lockdown nurseries had around £4 of income for every £5 of costs they faced.

“There are specific grants for retail and leisure businesses affected by the latest lockdown but once again there is no specific support for childcare settings. Discretionary grants will be available to local authorities but at a time where early years is the only education service open to children attending, this is not good enough.

“The Government needs to revisit the funding support to early years this term and re-instate the block payment of childcare places to make sure that no setting loses funding at this critical time.”

Read more here.
 
See all NDNA coronavirus support for nurseries here