PM urged to increase business support to prevent ‘economic catastrophe'

  • 📰 MetroUK
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 82%

Business News News

Business Business Latest News,Business Business Headlines

Company owners have warned current economic support packages will not be enough to prevent mass redundancies.

‘Chambers are clear that any new restrictions must go hand in hand with truly commensurate financial support for wages and day-to-day running costs,’ it said.The chambers set five tests to prevent economic disaster, including restrictions being evidence-based, and ensuring firms have time to prepare and have adequate compensation.

‘Over the critical weeks ahead, these tests must be met – to avoid serious damage to business and consumer confidence, and potentially catastrophic economic consequences,’ it added.A street in Ormskirk, Lancashire

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 13. in BUSİNESS

Business Business Latest News, Business Business Headlines