Industry News

Home / Industry News
News > News Article

25 November 2020

Northern Ireland - Circuit Breaker and Support for Business

Northern Ireland - Circuit Breaker and Support for Business

The Executive has agreed to introduce a two week circuit breaker from 27 November to slow the spread of Covid-19 in the community and protect the health service.

Finance Minister, Conor Murphy has announced a £300 million support package including over £200 million for businesses and £98 million of COVID-19 funding to support the most vulnerable.

Making the announcement, Conor Murphy said:

"Our businesses are facing huge challenges and are under immense pressure. Today we've agreed a significant business support package worth £213 million. This includes £95 million for a High Street Voucher Scheme for a pre-paid card for use on the high street. £55 million to extend the Localised Restrictions Support Scheme to include non-essential retail, leisure, and entertainment businesses now forced to close. £20 million to support company directors who have been without support up until now. £20 million to extend the 12 month rate holiday to the manufacturing sector. £10.6 million to support 1,000 wet pubs which are experiencing additional financial hardship, £5 million to top-up the Tourism and Hospitality Scheme, £4.1 million for Bed and Breakfast which previously missed out on business support because they pay domestic rates and £3 million to help local businesses grow their online sales.

"In addition to this £213 million for business and recognising COVID will continue to be with us for the months to come, the Executive has also agreed to hold £150 million centrally for longer-term support on business rates. I hope to be able to provide an update on this in the very near future."

The Executive today also agreed to provide £98 million to support education, councils, sport and protect the vulnerable. Outlining these allocations, Conor Murphy said:

"£44.3 million is being provided to fund a one-off £200 heating payment for those with disabilities who are on higher disability benefits and older people in receipt of pension credit. £26.4 million is being allocated to support schools. This includes vital funding to ensure families of young people who are entitled to Free School Meals will receive food grants during school holidays. I am allocating a further £5 million to support charities through the rest of the financial year. As the Social Enterprise Support Fund was oversubscribed, a further £2.25m is now being provided to ensure grants can be paid to all eligible applicants.

"I am also making a further £10 million available to support sporting organisations, given the impact the restrictions are having on the sector, as well as an additional £10 million to local councils to ensure they can continue to deliver vital services.

"The Executive does not underestimate the extreme pressures that our businesses and people are facing and this package signals our continued determination to support them."

£27.5 million is also being allocated to the Department for Infrastructure to address the significant impact and loss of income COVID is having on the Department and its arm's length bodies to ensure service delivery can be maintained.

Here's a summary of the circuit breaker restrictions and guidelines:

 

Downloads
Share this page
Most Read

Intergraf Economic News (Paper Prices) - March 2024Intergraf Economic News (Paper Prices) - March 2024

18 March 2024

Access the latest edition of the Economic Newsletter for the European Printing Industry for data on paper consumption, and pricing data for pulp, paper and recovered paper. Data for packaging papers and board is also available with this edition.

STUDY EXPOSES HIGH COST OF PHARMACIES PRINTING MEDICAL INFORMATION LEAFLETSSTUDY EXPOSES HIGH COST OF PHARMACIES PRINTING MEDICAL INFORMATION LEAFLETS

7 March 2024

Intergraf welcomes the release of a study by our partner MLPS (Medical Leaflet = Patient Safety), a subgroup of the European Carton Manufacturers Association (ECMA) shedding light on the potential economic costs associated with the proposed use of Print on Demand (PoD) leaflets in the pharmaceutical legislation revision.

For more information please contact:
Kyle Jardine
Kyle Jardine
0289 002 0135
Interested? Join the BPIF today

The BPIF is the printing industries champion. By becoming a member you join a diverse and influential community. We help you solve business problems, connect you to new customers and suppliers and make your voice heard in government.

Call 01676 526030

Apply Today