The aid will be funded through the reallocation of existing Northern Ireland Civil Service Departmental funds.
Details of the reallocation of up to £15 million to help support businesses affected by severe flooding in Northern Ireland have been announced.
The floods that occurred in NI have been devastating for those that have suffered the destruction of their homes and businesses. In addition, any business that relocates to temporary premises while their flooded property is being repaired will be eligible for 100% rates relief on the new premises for three months.
Senior civil servants, with limited powers, have been leading departments in the absence of locally elected ministers. DUP MP Carla Lockhart described Mr Heaton-Harris’s announcement as a “welcome step”, but cautioned that it may not be enough. “Furthermore, we need funding to support alleviation schemes that allow significant capital investment in protecting businesses and households from future flooding.”
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