Businesses face financial cliff edge as UK Covid s

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Businesses face financial cliff edge as UK Covid support winds down - Today News Post Today News || UK News

Barbara Easter and her husband will be long past retirement age by the time the debts their outdoor events business, Cotswold Marquees, took on to survive the pandemic are due to end.counterattack?

This month, their bank will start to ask for repayments — and it is not their only worrys car was stolen from his driveway in Toronto. It was tracked to a Halifax port. Some wages will need to be covered again as furlough support tapersA statue of a famous Italian journalist Indro Montanelli is cleaned in Milan. Business rates will resume. They now take “one day at a time to get through”, says EasterThey should have had this back last year, it shouldn, with questions over how many events will be happening this summer.

The Easters are among thousands of UK business owners facing the financial fallout of the pandemic, as concerns grow over whether government efforts to keep the economy afloat will be sufficient.

Ministers have rested hopes on the consumer recovery supporting a broader business recovery. But many businesses such as Cotswold Marquees are struggling financially after the past 18 months— with COVID reopening that outpaces Ontario, with lockdowns having wiped out reserves and trading still restricted or subdued:1620036900000,.?

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