The Prime Minister held a press conference today to announce further measures the country will take in the fight against COVID-19. Mr. Johnson advised that from tonight (20 March) cafes, bars, restaurants, leisure centers, pubs and cinemas will close and not re open tomorrow, apart from takeaway services, in a combined effort to flatten the curve of COVID-19 cases.
Mr. Johnson said that these measures, along with those advised previously, would mean "we will be able to save literally thousands of lives," if we take actions together and "make sacrifices". He also assured businesses: "We will stand by you" and that everything in the government’s power is being done.
Chancellor Rishi Sunak followed this announcement by unveiling plans to provide support, which comes in addition to his announcement earlier this week of Government-backed loans and grants to support businesses. Mr Rishi said these measures are designed to protect jobs. Some of the main points from the scheme are;
Mr Rishi said there would be further announcements next week for measures that will ensure that medium-sized and larger businesses will be able to access the credit that they need.
As we see updated advice and guidance from the government on a regular basis, and the impact of COVID-19 continues to shift, we are here to help answer any questions you may have about how best to navigate these challenging times. Please feel free to call one of our team if you or your clients require any assistance.