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REACTION: Retail body welcomes chancellor’s Job Support Scheme

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The British Retail Consortium has offered a response to the chancellor’s update on the plan for winter.

The body welcomed the Job Support Scheme but was keen to bear in mind the “delicate path the recovery” that retail is on.

Tom Ironside, director of business & regulation at the BRC, said: “We welcome the Chancellor’s Job Support Scheme, which will help reduce job losses for eligible companies.

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“Furthermore, the VAT reduction for cafes and food-to-go will be welcomed as many continue to suffer as a result of low footfall and the Government’s ‘work from home if possible’ guidance. We look forward to seeing the details of the additional flexibilities on loans and tax deferrals that have been announced.”

He continued: “Retail is on a delicate path to recovery, but the looming threat to this remains the £8 billion business rates cliff-edge from April 2021.”

Concluding: “Retailers need certainty and the Chancellor must take action and bring down the business rates burden in order to avoid unnecessary job losses and shop closures.”

Tags : brcCoronavirusretail
Alex Douglas

The author Alex Douglas

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