The Government is to increase the amount of money available to small businesses affected by Storm Chandra which cannot get flood insurance from \u20ac20,000 to \u20ac100,000.<\/p>\n
The increased payment request was sought by Minister for Enterprise and Fine Gael TD Peter Burke, RT\u00c9 News has learned.<\/p>\n
It will be signed off by the Cabinet in the coming days, potentially during an incorporeal meeting before the weekly Cabinet meeting on Wednesday.<\/p>\n
The funding from the humanitarian emergency aid fund is currently limited to a \u20ac5,000 initial payment and up to \u20ac20,000 in additional payments.<\/p>\n
However, as part of the changes this latter figure will be increased to up to \u20ac100,000.<\/p>\n
The money will be available only to small businesses and groups which can prove significant flood damage and which cannot receive flood insurance.<\/p>\n
The fund was previously increased after Storm Babet in 2023.<\/p>\n
Mr Burke said: “In recognition of the significant rainfall over last number of days, we’ve decided to increase the humanitarian aid fund for our businesses to \u20ac100,000.<\/p>\n
“This will support bringing premises back to their pre-flood condition,” he said, adding this is “a huge challenge right now”.<\/p>\n
Read more:
Live: Updates as they happen<\/a>
Flooding across Kilkenny as heavy rain swells rivers<\/a>
Accumulation of rainfall caused Storm Chandra flooding – climate study<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"The Government is to increase the amount of money available to small businesses affected by Storm Chandra which…\n","protected":false},"author":2,"featured_media":400929,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22],"tags":[1397,90,56,54,55],"class_list":["post-400928","post","type-post","status-publish","format-standard","has-post-thumbnail","category-environment","tag-environment","tag-science","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/400928","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=400928"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/400928\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/400929"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=400928"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=400928"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=400928"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}