Yesterday the BCC published the results of our latest Coronavirus Business Impact Tracker, which measures the impact on businesses and the effectiveness of the government response.
The results revealed that the schemes announced in the Summer Statement are failing to provide support at the scale needed to protect jobs after the furlough scheme winds down:
• More than half of firms report cashflow decrease since June 2020;
• 43% of firms intend to use the Furlough Bonus, but other Summer Statement support schemes have low take up.
More details about the Tracker can be found here