More support needed to help businesses once lockdown lifts

23 Feb 2021

Business groups have called on the government to extend its coronavirus (COVID-19) support through to the end of the roadmap for lifting lockdown restrictions.

The roadmap will see all pupils in England's schools return to class from 8 March. Meanwhile, shops, hairdressers, gyms and outdoor hospitality, as well as self-contained holiday accommodation, can re-open on 12 April. From 17 May cinemas, museums and hotels will also re-open.

The final step from 21 June will potentially see all legal limits on social contact removed.

Tony Danker, Director General of the Confederation of British Industry (CBI), said: 'We now need to turn this roadmap into genuine economic momentum. The Budget is the second half of this announcement extending business support in parallel to restrictions will give firms a bridge to the other side.

'This is particularly needed for sectors who will have to wait for up to three months to re-open and have an anxious ten days ahead before the Budget.'

Natalie Gasson-McKinley, Development Manager at the Federation of Small Businesses (FSB), said: 'The Chancellor must deliver on the Prime Minister's 'whatever it takes' pledge at next week's Budget. On one side of the coin we have continued restrictions – on the other, we need corresponding business support.

'Whatever it takes means bringing those overlooked by current support measures into the fold, including suppliers, directors and the newly self-employed. Upwards of a million small business owners and sole traders are currently receiving no direct help whatsoever.'

Copyright

© 2021 Volans, Leach & Schofield. All rights reserved.

We use cookies on this website, you can find more information about cookies here.
Contact Us

Please call:
0113 245 7031

Quick links

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


Registered to carry out audit work by the Institute of Chartered Accountants in England and Wales. Authorised and regulated by the FCA.

Our FCA Register number is 542783 which can be checked at www.fca.org.uk/register. The Financial Conduct Authority does not regulate taxation and trust advice, personal finance and some aspects of commercial property investment.

Volans, Leach & Schofield is a trading style of Volans Limited - Company number 07549089.

Registered in England and Wales with registered office at Volans, Leach & Schofield, 10 Blenheim Terrace, Woodhouse Lane, Leeds, West Yorkshire LS2 9HX .

Directors: Christopher Smart FCA CTA and Martin Knaggs FCCA.

Please check the information in the Disclaimer page before proceeding.