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UK business despairs at new lockdown restrictions


Business groups reacted with despair and anger this weekend as they called for urgent government support to help companies survive “the hammer blow” of UK prime minister Boris Johnson’s clampdown on pre-Christmas trading. A clutch of trade bodies issued pleas for further financial relief to help non-essential retail, leisure and entertainment businesses to cope with a shutdown in high-risk areas in south-east England during a crucial period for sales. The Welsh government also enforced a new national lockdown at the weekend. Specific demands include an extension of the rates holiday for a further 12 months from January, VAT relief and additional direct support for businesses forced to shut their doors.

Financial Times - December 20, 2020

View the full story here: https://www.ft.com/content/a72c0405-e3b7-4c1e-b54d-675586536614