15th January 2015
Vince Cable, Business Secretary, visited local businesses which had been affected by last year’s floods. These included Shakespeare Glass in Langport, which had received help from the government Business Support Scheme after their premises were flooded last January. This grant allows businesses to claim the costs of immediate clean-up, new materials, hiring of equipment and temporary accommodation, to help aid their recovery from the floods.
Vince Cable announced
“While we cannot control the weather, we have set out a £2.3 billion long-term investment in flood defences and made over £1 million available to support flood-hit businesses in Somerset. These small businesses are vital for a growing and balanced economy, and creating jobs for local communities – it is only right that we do all we can to support them.”
The government has committed to spend £15.5 million in Somerset on flood defences over the next 6 years benefitting 7,000 properties, including £4.2 million on the Somerset Levels and Moors.
He also visited Yeovil Town Football club, where his speech to the Federation of Small Businesses focused on the Plymouth and South West Peninsula City Deal, which is creating over 9000 jobs, and improving the support available to local businesses.
John Allan, the FSB National Chairman, said of Vince Cable’s visit:
‘Having Vince Cable visit our members to see how they have coped with some very difficult conditions will be welcomed. Dr Cable needs to understand the challenges facing small firms, and to realise they need the full support of government before, during and after these events.’