High street travel agents who applied for government support should start to receive funds this week.
The support measures are part of a £22 Billion support package promised by the government.
The Treasury said cash grants of up to £25,000 were starting to be paid into businesses’ bank accounts, and confirmed the business rates exemption for SMEs had now come into force.
All businesses in the retail, hospitality and leisure sectors, including agents, with a rateable value of less than £51,000 are eligible for the business rates “holiday”.
Some £5.3 billion has meanwhile been pledged to the UK’s devolved administrations to “support people, business and public services”. This includes £2.7 billion for Scotland; £1.6 billion for Wales; and £900 million for Northern Ireland.
