Commenting on the support measures for business announced by the Chancellor Rishi Sunak, Northern Ireland Chamber of Commerce and Industry (NI Chamber) Chief Executive Ann McGregor, said:
‘Whilst this immediate cash flow support for business is welcome, there is however a fear that it will not be enough to save all firms, especially those across hospitality, leisure and retail. Business needs to see a clear support package for the whole of 2021, not just another incremental intervention. The UK government must provide long term plans which allow businesses of all shapes and sizes to plan, and ultimately survive.
“We now look forward to hearing more from the NI Executive on how Northern Ireland firms will be further supported as a result. Any measures must be sufficient to cover not just those on the front line of retail, hospitality and leisure, but also firms in supply chains and wider business communities who are also feeling the devastating impact of these restrictions.”