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LCCI welcome furlough scheme extension

Tuesday 12 May 2020

LCCI have welcomed the Chancellor extending the furlough scheme until the end of October.

Richard Burge, Chief Executive of London Chamber of Commerce and Industry, said: “This is another welcome intervention from the Chancellor, which will continue to help to limit the cost of business outgoings, at a time when many are losing money on a daily basis.

The support, including the part-time work potential, will provide some companies with breathing space as they begin to try and generate revenue again, as and when the Government’s health-led rebuild plan allows.

But others will sadly still face tough choices over the coming weeks and months, as losses are mounting despite support.”

ENDS.