By Firms urged to apply for government cash during pandemic
Firms are being urged to apply for government cash in the form of grants and loans to help them survive during the Covid-19 pandemic.
In particular, Lincolnshire councils have been given around £200m to distribute to small businesses who are struggling with the economic effects of closures during the UK lockdown.
The Federation of Small Businesses in the county says most firms will benefit, but hopes further measures will be introduced.
Katrina Pierce, from the federation, says:
“We haven’t successfully supported absolutely everyone in our economy.”
“There are some groups who feel little bit out of scope and like they’ve been left behind. So we’re seeking evidence of this, and to tell as many stories as we can of people who are not covered so we can continue to take this evidence to Westminster and tell the Chancellor we’re not there yet.”
On the 20th of March, the Chancellor of the Exchequer Rishi Sunak announced the first set of additional measures to help smaller businesses and the self-employed affected by the pandemic.
These measures, however, were largely aimed at the leisure, hospitality and retail sectors.
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