Executive agrees £40m support package for over 3,000 hospitality businesses

By Kevin Mullan
Published 23rd Dec 2021, 16:56 BST
Updated 23rd Dec 2021, 17:14 BST
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The Executive has agreed a £40m financial package to support over 3,000 hospitality businesses in the north affected by the ongoing COVID-19 pandemic and associated restrictions.

Finance Minister Conor Murphy, in a tweet this afternoon, stated: "As our society and economy once again face huge challenges the Department of Finance will deliver an Executive agreed support package of £40m for over 3,000 hospitality businesses. Grants of between £10k and £20k will be delivered by Land & Property Services."

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First Minister Paul Givan said the grants would be tiered and linked to the size of the businesses applying.

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Finance Minister Conor MurphyFinance Minister Conor Murphy
Finance Minister Conor Murphy

"The Executive has moved rapidly to deliver a £40m package for hospitality. I have approved via urgent procedure a scheme that will benefit over 3200 businesses with grant payments of £10k for net annual value (NAV) up to 15k, 15k for NAV between £15k-£51k and £20k for NAV of over £51k," tweeted Mr. Givan.

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Related topics:Paul GivanConor MurphyCovid-19

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