Home   News   National   Article

One third of Spend Local card funds spent in businesses not forced to close

PA News
Shoppers on the high street in Belfast. (Liam McBurney/PA)

More than a third of funds from a voucher scheme to boost the high street were spent in businesses not forced to close during lockdown, new figures have revealed.

Almost £137 million was spend in 3.7 transactions using £100 Spend Local cards as part one of Stormont’s flagship Covid recovery stimulus measures.

All householders across Northern Ireland were eligible for one of the £100 Spend Local cards.

A new report by the Department for the Economy found that £84.9 million (62%) was spent in businesses that had been required by the Covid regulations to close during 2020.

Conversely some 38% was spent in businesses which had not had to close.

Analysis also shows that 87% (£118m) of funds were spent in retail businesses with a further £10m (8%) spent in accommodation and food service businesses, £4m (3%) spent on other service activities, and £1m (1%) in professional, scientific and technical businesses.

It found that the average amount spent on activated cards was £97.94, and that the busiest day of transactions was Sunday November 14, 2021 when 104,477 transactions were recorded.


Close This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies.Learn More