Business groups press for further support after lockdown easing delayed

15 Jun 2021

The four-week delay to the easing of lockdown in England has prompted business groups to call for further government support for businesses.

The Confederation of British Industry (CBI) said 'although the delay was regrettable it is understandable' as a postponement is preferable to lifting lockdown and then reimposing restrictions. However, the CBI also warned of damage to the hospitality sector, leisure and live events.

Tony Danker, Director General of the CBI, said: 'Continuing restrictions means the government must urgently revisit the support available. That starts with holding back on the tapering of business rates relief and extending the commercial rent moratorium for those sectors most impacted. A solution must also be found for the hard-pressed international travel sector.'

Meanwhile, Mike Cherry, National Chairman of the Federation of Small Businesses (FSB), said: 'Despite a successful vaccine programme and all the best efforts from small firms, they will be bitterly disappointed to find they face at least another month of restrictions.

'These sectors and their supply chains need ambitious and targeted support. The 19 July must be the final date for when these restrictions will be lifted.'

Claire Walker, Co-Executive Director of the British Chambers of Commerce (BCC) called for an extension to VAT deferrals and business rates relief. She stated: 'Government should work with lenders to ensure that appropriate forbearance is in place for those who have used government lending schemes and already started to repay their loan without being able to open fully.'

Home | Contact us | Site map | Accessibility | Disclaimer | Help |

© 2024 Penn Management Services. All rights reserved. | Company Number: 03655701

Penn Management Services, 1 & 2 Heritage Park, Cannock, Staffordshire WS11 7LT
We use cookies on this website, you can find more information about cookies here.

In accordance with the disclosure requirements of the Services Regulations 2009, our professional indemnity insurer is Allied World Assurance Company (Europe) Limited, of 20 Fenchurch Street, 18th and 19th Floors, London EC3M 3BY. The territorial coverage is worldwide excluding professional business carried out from an office in the United States of America or Canada and excludes any action for a claim brought in any court in the United States of Amercia or Canada.

We are registered to carry on audit work in the UK by the Institute of Chartered Accountants in England and Wales and details about our audit registration can be viewed at www.auditregister.org.uk, under reference number C008875364.