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More Crawley jobs at risk as BrightHouse close to collapse

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The largest rent-to-own retailer which has a store in Queens Sq, Crawley is likely to fall into administration on Monday.

The firm is the largest operator of its kind in the sector and provides loans to its customers so they can purchase electrical items. It reportedly has 200,000 customers and as many as 2,400 staff could be affected across the country.

Customers make monthly payments for these electrical items, renting them until they are fully paid for.

If the firm does go into administration then any customers who have already issued complaints over mis-selling could find that they only end up receiving just a fraction of the amount they hoped for.

The firm closed the stores for health and safety reasons around COVID-19 several days ago.

But customers of Brighthouse are also being warned that they even if the company does go into administration they still need to keep up their monthly payments and in the light of the coronavirus, with many of the cutsomers falling into the low income bracket, many are being encuoraged to ask for payment breaks.

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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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