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Downtown Boss Urges Government to Restore Business Help

Frank McKenna, is urging Chancellor Rishi Sunak and the government to re-introduce some financial support packages for businesses, as the imposition of new restrictions threatens many with closure.

O diretor executivo e presidente do grupo de Downtown in Business, Frank McKenna, está pedindo ao Chancellor Rishi Sunak e ao governo que reinicie-se: 29 anos de apoio, como a imposição de novos restrições. O setor de hospitalidade está relatando um enorme aumento nos cancelamentos. O chanceler a ser implementado é:

Mr McKenna said: “Many of our members in the hospitality sector are reporting a huge spike in cancellations. The not so subtle messaging from government is for people to stay at home – and understandably, many are taking that advice.

“It is therefore incumbent upon the government to look at reviving some financial support packages that were stopped back in the Autumn, when they suggested that we had seen Covid off.”

The three measures Mr McKenna is calling on the Chancellor to implement are:

  • Um atraso de seis meses no reembolso de empréstimos de 'salto'. Entenda que o governo não tem um poço de dinheiro sem fundo. No entanto, tendo feito uma quantia significativa para salvar as empresas durante os meses iniciais dessa crise, parece estranho que o governo agora queira anular esse investimento e permitir um grande número de empresas, que são claramente viáveis ​​em tempos normais, para que sejam relentes de que não se destacam. inevitavelmente levaram o setor de hospitalidade - e sua cadeia de suprimentos mais ampla - sofrendo um grande sucesso. Downtown in Business
  • The extension of the VAT cut within the hospitality sector to 12% for at least twelve months.
  • Targeted furlough support for those hardest hit industries.

Mr McKenna added:

“We understand that the government does not have a bottomless pit of money. Nonetheless, having done a significant amount to save businesses through the initial months of this crisis, it seems odd that the government would now want to write off that investment, and allow a large number of companies, who are clearly viable in normal times, to go to the wall.

“I hope that the increasing number of calls that are being made from across the business community are listened to by Boris Johnson and Rishi Sunak. There is no shortage of evidence telling them that their new rules have inevitably led to the hospitality sector – and its wider supply chain – taking a massive hit. They must act now and stop this from being a catastrophic Christmas for those businesses and their staff.”

Downtown in Business

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