SCC Comment On The Chancellor’s Announcement

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COVID-19: HMRC Business Support Guide

SCC Comment On The Chancellor’s Announcement

Coronavirus Policy Announcements

Commenting on the UK Chancellor Rishi Sunak’s announcement today of employment and wage support for businesses, Dr Liz Cameron, Chief Executive of the Scottish Chambers of Commerce said:

“For the Scottish Chamber Network the prioritisation of jobs and business protection is utmost and we are pleased the Chancellor has responded to this.

“The chancellor’s proposals including the Coronavirus jobs retention scheme and support for the self-employed which lightens the burden of those who will have to shut up shop tonight for an indefinite period or for those businesses who are seeing orders dry up.

“We also welcome the chancellor’s pledge to move at speed – with details of how to access the Coronavirus Business Interruption loan scheme becoming available on Monday and the extension of the interest-free period is good news for many companies. The urgency of the need for businesses to access the support offered by the UK and Scottish Governments cannot be understated.

“The chancellor said he was aware for the need to keep this all under review as the circumstances change and the Scottish Chamber Network will continue to work with him and others to ensure these measures work practically and speedily.”

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