COVID-19: 'Pay-as-you-grow' eases business burden - but leaders says more support is needed

  • 📰 SkyNews
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 67%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Business leaders have welcomed changes to lockdown loans but say more support is needed to keep firms afloat over the coming months

.announced that small businesses would be given more time to repay bounce-back loans under a"pay-as-you-grow" initiative.

But with the furlough scheme due to wind up on 30 April, and the end of business rates relief and the VAT cut also in sight, there are fears of job losses and a harsh cliff edge for some sectors. The chancellor is expected to give more detail on what support will stay in place for businesses when he delivers the budget on 3 March.

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:

 /  🏆 35. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Why is Rishi's wife using the furlough scheme for her gym business when see is richer than the queen

A say close the tax havens run bye our own British government . And all the tax that is stolen from the tax payer pay for the covid budget.. . Simple and can be done but it won't happen because out own MPs are affiliated with it all and probably deeper in it than most.

Hungry? Get £15 off your first Uber Eats order of £15. Use code: eats-uspt76 🍺😋

We have now entered a culture of more more

End the lockdown. It hasn’t worked anyway.

Ireland Ireland Latest News, Ireland Ireland Headlines