Archive by category Finance and Money

Nottingham Small Business Fund launched – but Central Government funding not enough, says City Council

Nottingham Small Business Fund launched – but Central Government funding not enough, says City Council

A new small grants programme to support more Nottingham businesses affected by the COVID-19 pandemic has been launched today by the City Council’s Nottingham Economic Recovery Unit (NERU), however the council has warned the fund is not enough to support every business that needs it. The latest round of grants is targeted at businesses who […]

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Honour our key workers by funding their work, says City Council

Honour our key workers by funding their work, says City Council

Councillor Sam Webster, Nottingham City Council’s Portfolio Holder for Finance, has today warned that vital council services are under severe threat unless the Government keeps its promises to fully reimburse the authority for the impact of the Covid-19 crisis. According to Councillor Webster, ‘failure by the Government to provide adequate funding risks triggering cuts to […]

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Help with council tax for Nottingham’s most vulnerable residents

Help with council tax for Nottingham’s most vulnerable residents

More than 20,000 financially-vulnerable households in Nottingham are set to receive council tax discounts of up to £150 to help them through the Covid19 crisis. Letters are being sent out by Nottingham City Council to all working-age households currently in receipt of Council Tax Support, informing them of the discount and how it will be […]

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Nottingham businesses urged to apply for support grant

Nottingham businesses urged to apply for support grant

The number of grants issued to small businesses by Nottingham City Council has now reached £36 million, with 87% of those who have submitted their application having now received their grant. Business support grants are available for thousands of businesses in Nottingham, including those in receipt of Small Business Rate Relief, Rural Rate Relief, whose […]

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Government’s latest Covid funding welcome – but not enough

Government’s latest Covid funding welcome – but not enough

Nottingham City Council has welcomed the news that an additional £9m has been provided by Government to support Covid 19 expenditure – but it reiterated that it won’t be anywhere near enough to deal with the overall impact the pandemic is having on the council’s finances. The latest emergency funding allocation follows an initial award […]

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Government must honour pledge to fund Coronavirus costs

Government must honour pledge to fund Coronavirus costs

Government funding to help the City Council through the coronavirus crisis is over five times less than needed based on current estimates, which are likely to increase as pressures mount. Communities Secretary Robert Jenrick announced on Saturday there would be a further £1.6bn funding for councils nationwide to deal with the crisis, in addition to […]

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Nottingham City Council pays out over £7million in Coronavirus grants to local businesses

Nottingham City Council pays out over £7million in Coronavirus grants to local businesses

Over £7 million of business grants have been processed by Nottingham City Council, as of Friday 17th April to support small businesses during the Coronavirus pandemic, with businesses who have not filed their claim for their grant urged to do so as soon as possible. A dedicated team are working on payments of grants to […]

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The Robin Hood Fund Launches to Support Those Affected by Coronavirus in Nottingham

The Robin Hood Fund Launches to Support Those Affected by Coronavirus in Nottingham

The Fund appeals to the people of Nottingham to harness the spirit of Robin Hood and support those most at need in our city during unprecedented times – Nottingham City Council, Nottingham Post, LeftLion and stakeholders across the city have given full backing to the campaign. The Robin Hood Fund has launched today (Friday 20th […]

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Jobs boost as Nottingham forecast to have one of the UK’s fastest growing economies

Jobs boost as Nottingham forecast to have one of the UK’s fastest growing economies

Nottingham is expected to have one of the fastest growing city economies in the UK over the next three years, according to a major new report. The Regional Economic Forecast published by financial services company EY predicts that Nottingham’s economy will expand by 2.1 per cent per year between 2020 and 2023, putting it alongside […]

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