Calls for financial support if unlocking is delayed

calls for financial support if unlocking is delayed

Sumary of Calls for financial support if unlocking is delayed:

  • If there are any changes to the June 21st ‘unlocking’ date this must be paired with details of economic measures to support affected businesses and industries, Labour has argued..
  • Too often details of economic support have regularly trailed behind public health announcements, severely damaging business confidence, causing anxiety, and even leading to workers being let go unnecessarily, the party said..
  • “Businesses have operated under historic uncertainty during this crisis, worsened by details of economic support playing catch up with public health announcements..
  • “Now once again, businesses are in the dark, with a perfect storm of financial pinch points brewing and no reassurance from government that economic measures will remain in step with possible changes to the roadmap..
  • “It is right we remain guided by the science to tackle this virus, but businesses should absolutely not be paying the price for the Government poor handling of our borders and the new variant..
  • “Businesses should not have to worry for even one day that economic support will be pulled away whilst restrictions remain in place.”.
  • That includes those legally required to shut like night clubs and live music venues, as well as those for whom it is not currently financially viable to open because of restrictions impacting trade, including wedding venues, events spaces and very small pubs and bars..
  • It is estimated that two-thirds of retailers in the UK are at risk of legal action on at least one of their stores, and around 40 per cent of hospitality businesses have not reached an agreement on rent arrears….

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