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.”