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News & Blog

Read the latest business news, blogs and thought leadership articles from our members, as well as updates on the Edinburgh Chamber of Commerce's work in the city.

News & Blog

BCC responds to enhanced Coronavirus support for businesses

Posted: 22nd October 2020

Commenting on the Chancellor’s announcement of further support for businesses and jobs as Coronavirus restrictions increase, BCC Director General Adam Marshall said:

“This is a very significant improvement in the support available to businesses struggling with the impact of increasing restrictions across the UK.

“Chambers have been campaigning for greater support for businesses experiencing big falls in demand as a result of new restrictions, and a number of the steps announced today, including the lowering of employer contributions and the number of hours worked needed to qualify for the scheme, respond directly to our calls.

“Backdated grants for hospitality firms in tier two and enhanced grants for the self-employed will go some way to alleviating pressure on many of those who have been particularly vulnerable to the economic impact of the pandemic.

“Chambers have called for support to be truly commensurate with the restrictions imposed on businesses as part of our five tests for Coronavirus measures. The true test of these reforms will be whether they help businesses on the ground get through the difficult months ahead. Chambers of Commerce will continue to work with the Treasury to ensure that support is responsive and preserves businesses and livelihoods.”

The British Chambers of Commerce have challenged the Prime Minister to meet five business tests to limit the impact of Coronavirus restrictions on businesses and jobs and take a long-term approach to tackling the pandemic.  Ensuring support matched the level of restrictions was one of these. Read the letter here.

Business Comment

Business Comment is the Edinburgh Chamber of Commerce’s bi-monthly magazine. It provides insight on Edinburgh’s vibrant business community, with features on the city’s key sectors, interviews with leading figures and news on new business developments in the capital.
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