Welcome back fund

Councils across England are to share £56m of European Regional Development Fund (ERDF) funding to support the return to high streets safely and help build back better from the pandemic. This funding shall be known as the “Welcome Back Fund” (the fund) and it builds on the £50m Reopening High Street Safely Fund (RHSSF) allocated to councils in 2020.

The fund will allow local authorities in England to put in place additional measures to create and promote a safe environment for local trade and tourism, particularly in high streets as their economies reopen. Local authorities can therefore also use the fund to develop plans for responding to these impacts, this could include considering how other funding streams could help address those challenges in the future.

The guidance to help local authorities and partners to deliver activities supported through the Welcome Back Fund has been updated. Change made: Versions 3 of the FAQ and guidance for the Welcome Back Fund have been added.

See: Welcome Back Fund – GOV.UK (www.gov.uk)

In order to survive and thrive in these challenging times, business owners need accurate, reliable and timely financial information, whether that be profit or cash focused, or both, to accurately and effectively manage the company’s finances and drive growth.

At Beavis Morgan, our retail business experts can help you identify your requirements and then design and implement a system that will provide all the information you need, within a cost-effective and efficient framework.

Being able to understand and evaluate your business through real-time information on actual performance is critical and could mean the difference between survival and business failure.

For more information, contact your usual Beavis Morgan partner or email info@beavismorgan.com.