Coronavirus

£330m in Omicron grants unspent by local councils, study finds

Under the Omicron Hospitality and Leisure Grant Scheme, councils received funding to be allocated in one-off grants to businesses worth up to £6,000 to be paid to hospitality, leisure and accommodation businesses in England based upon the rateable value of their properties

Firms in England, which were most impacted by the Omicron variant, received less than half of the £635m support package promised by the Government, according to the analysis by the real estate adviser Altus Group.

The analysis shows that just £305m of the £635m distributed to 309 English Councils had been paid out less than three weeks before the final cut off for applications on 18 March.

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