Less than a third of Covid business rates funding allocated

Thousands of businesses who were promised business rates relief through the £1.5bn Covid Additional Relief Fund (CARF) are still waiting for the support.

The fund “continues to descend into a post code lottery”, according to Colliers.

Government figures released at the end of June 2022 show that only £419.3m (28 per cent) of the fund, which was announced in March 2021, has actually been allocated to business – only 82,573 properties in England have been awarded the relief.

Read more at smallbusiness.co.uk

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