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Firms Asking for Support in Face of Covid Disruption

The BBC writes that the CBI is increasing pressure on the Government to assist firms suffering from the rise in Covid cases. The CBI urged ministers to provide support ‘in lockstep with future restrictions’, while UK Hospitality called for business rates to be deferred and VAT discounts extended.

The UK Government and devolved administrations have not placed any additional restrictions on businesses, such as lockdowns or reduced group sizes for restaurants or bars, however, the spread of the Omicron variant has hit consumer confidence and seen hospitality bookings cancelled. The Government says it is too early to say if new support measures are needed.

BBC.co.uk/News Article: Firms asking for help following cancellations