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Crawley businesses take out over £90m in loans to survive COVID-19

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Statistics released by the Government have revealed the true extent of lending taken up by businesses across Crawley.

According to a release from the office of Crawley’s MP Henry SMith, businesses across Crawley have benefitted from £92,721,494 worth of loans since the start of the COVID-19 outbreak.

This includes 1,724 Bounce Back Loans worth £51,495,006 and 102 loans at a value of £41,226,488 through the Coronavirus Business Interruption Scheme.

The number is part of the vast number that have been taken out throughout the whole of the south east of England, where a total of 175,946 Bounce Back Loans, worth £5,269,988,799, and 9,026 Coronavirus Business Interruption Loans, worth £2,154,703,689, have been provided to support businesses across all sectors, protecting jobs and livelihoods.

Crawley MP Henry Smith said;

“This year has been hugely challenging for businesses in Crawley, but these latest figures demonstrate the scale of support that the Government has put in place to protect livelihoods and businesses.

“Never has the Government’s agenda to level up the whole county been so important. I’ll continue to focus on supporting hardworking families across Crawley.”

With cases still rising and worries that more areas across the country may enter tighter restricttions, the Chancellor has also announced that the Government’s Job Support Scheme will be expanded to protect jobs and support businesses required to close their doors as a result of coronavirus restrictions, alongside increasing the cash grants to businesses in England required to shut in local lockdowns to support with fixed costs – worth up to £3,000 per month.

So far, the Government has provided over £200 billion throughout its economic response to coronavirus to support jobs and businesses in the UK.

The Chancellor of the Exchequer, Rishi Sunak, commented;

“Our support for businesses and workers has provided a lifeline to employers up and down the country, supporting people to stay in jobs and protecting livelihoods. “We will build on this as we move to the next stage of our recovery through the Winter Economy Plan, which will continue to protect jobs and help businesses through the months ahead.”

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Furniture Village opens its doors in Crawley’s County Oak Retail Park

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Crawley welcomes Furniture Village who will open a brand-new store in County Oak retail park this Boxing Day.

The new location offers a Carpetright concession, providing a one-stop-shop for customers looking to update their homes.

Visitors to the new Furniture Village store will be invited to create their ‘home in one’, by exploring collections for every room of the house, from sofas to beds to dining.

Charlie Harrison, Commercial Director at Furniture Village, comments:

“With much of the UK under lockdown, I’m delighted we’ve been able to open our new store in Crawley. County Oak is a fantastic shopping destination and the ideal choice for Furniture Village.

“It’s been a challenging year for everyone, but I am incredibly proud of the Furniture Village team which continues to offer industry-leading quality, choice and service. As well as Family Retailer of the Year, we’ve also been awarded National Bed Retailer of the Year so I’m particularly looking forward to welcoming customers to our new bed department.”

The store will see a team of 11 expert sales consultants offering valuable insights and advice to customers, all made possible thanks to enhanced Covid-19 safety measures.

These include temperature checks, PPE for all staff and hand sanitisation stations, along with an appointment booking system which can be accessed via the website.

Charlie Harrison, Commercial Director at Furniture Village, adds:

“Customer safety is still, and will continue to be, a priority for us. The feedback from all of our existing stores continues to be overwhelmingly positive, with the appointment booking system providing reassurance and exceptional service for customers.”

The store will open at 9am on Saturday 26th December 2020. Opening offers include Sale discounts of up to 50% plus an additional £50 off every £500 spent.

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