A survey by the British Chamber of Commerce (BCC) says that a quarter of UK firms expect will have to fire people if the government stops its financial support in April.
The BCC has now called on Boris Johnson’s government to set out a “clear roadmap” for reopening, advancing vaccination and extending key financial support measures for businesses through 2021.
Nearly 70 percent of respondents to the survey reported that the furlough scheme was the most effective of the government’s support packages, with business rates relief, VAT deferrals and VAT cuts for certain sectors of the economy also rated as very effective.
