Federation of Small Businesses (FSB) chairman Mike Cherry has called for further support for firms, stating: “The government urgently needs to come forward with a road map to recovery and interventions to help those unable to access business support. Directors and the newly self-employed have suffered a torrid eleven months. The Treasury Committee has rightly and tirelessly made the case for them.” The cross-party Treasury Committee’s Economic Impact of Coronavirus inquiry, meanwhile, noted: “We are disappointed that the Government has so far shown no inclination to expand or provide alternatives to the [Self-Employment Income Support Scheme], which is providing a vital lifeline to many but is not available to all those whom we believe should qualify.”
Read more: City AM
Visit our website here for more news and product information, or click the button below to submit a short enquiry form for your finance needs.