Business update - 10 June 2021

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Business Update

News for businesses in Portsmouth

10 June 2021

Portsmouth tops shopper spend

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New data from Dojo has revealed the UK’s spending habits following restrictions being lifted on April 12. The data suggest that Portsmouth claims the top spot for consumer spending in shops. 

Portsmouth residents were ready to get the economy going, spending an average of £131.37 per transaction across a variety of stores. 

And shoppers in Portsmouth were spending approximately £15 more per head than the closest city, Coventry.

More information on Invest Portsmouth

 


ARG re-start grants closing soon

Grants

Closing date for applications to the Additional Restrictions restart and recover grant is 4pm on Monday 14 June 2021

This grant is open for businesses that have not received, or are not eligible for a Restart Grant through Business Rates and have received Additional Restrictions Grant payment for the period 5 January to 31 March 2021.

Read full guidance 

It's important to note that there are two strands of ARG grant available under this scheme:

  1. ARG restart grant, where you can claim up to six times your monthly fixed costs.
  2. Additional funding up to £5,000 to support your business to restart and recover

There is only one application form and you must apply for both strands of funding on the same form. Please consider how you would like to use additional funding before you begin your application.

Examples of ways to use your restart money include:

  • Marketing campaigns to attract new customers
  • IT support
  • Employee wellbeing schemes

If you have any questions, our business helpline is here to help you. Just call 023 9284 1641

 

Apply now


Submit your May CJRS claims

GOV.UK banner

A reminder of the 14 June deadline for submitting your May Coronavirus Job Retention Scheme (CJRS) claims.

To claim you must have:

  • Created and started a PAYE payroll scheme on or before 2 March 2021 for periods starting on or after 1 May 2021
  • Enrolled for PAYE online
  • a UK, Isle of Man or Channel Island bank account
  • Any entity with a UK payroll can apply, including businesses, charities, recruitment agencies and public authorities.

Find out more

 


UK Community Renewal Fund

Rainy day fund

The call is now closed for Community Renewal Fund projects. Thank you to everyone that has applied. 

We will now appraise and prioritise a shortlist of projects based on the UK government assessment criteria and submit to government. Please note that there is a cap of £3 million per place.

The Community Renewal Fund will provide £220 million pilot project funding to support local areas to trial imaginative new approaches and prepare them to take full advantage of the UK Shared Prosperity Fund when it launches in 2022. The scheme is designed to replace EU funding.  As a Lead Authority, Portsmouth will be submitting a shortlist of projects on the 17 June 2021.

If you have any questions you can contact bidmanagement@portsmouthcc.gov.uk, you can also register for further updates via this address.

Read more

 


Art Space Portsmouth open studio

Poster

Art Space Portsmouth is celebrating 40 years of Art Space Portsmouth and Aspex Portsmouth with an open studio event Saturday 3 and Sunday 4 July 11am - 5pm at 27 Brougham Road, PO5 4PA.

Admission is free and everyone is welcome.

The caravan gallery will be on site and you can hear Aspex curators past and present in conversation at 2pm on Sat 3 July.

An exhibition entitled '40 Years of Art Space Portsmouth' will run every Friday, Saturday and Sunday from July 2 - August 1. 

Find out more about Art Space

 


More business news

Business

Don't miss Portsmouth's business week

Hampshire Chamber of Commerce and the Portsmouth Business Strategy Leadership Group are inviting you to the launch of the first annual Portsmouth and District Business Week.

Taking place from 5 to 9 July, the week will bring together key partner stakeholders from across the city and neighbouring business communities to share their expertise, advice and know-how in a grand celebration of enterprise.

Read more


Webinar

Focus on your people

Free webinar on July 1 at 12pm

Reality HR is hosting a free webinar on July 1 at 12pm for business owners focussing on how best to define a company's purpose, why now is the best time to look at your people strategy and also why employee engagement should be a core focus.

Hear from three specialists and their thoughts on what businesses need to be considering right now

Walk away with practical insights to help shape your strategy

Register here

 


Business woman

Self-employment support grant

Claims for the fourth self-employment income support scheme grant have now closed. The last date for making a claim for the fourth grant was 1 June 2021.

The fifth grant will cover the period May 2021 to September 2021 and will be available from late July 2021.


Find out more

 


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