Over the coming weeks, CEO of Staffordshire Chambers of Commerce, Sara Williams, will be writing regularly about the impact of the coronavirus on businesses and what support is available.
It was really good to see yesterday that the Chancellor and Prime Minister were so clear that they want to do whatever it takes to help businesses, with the announcement of £350bn of help for companies. Businesses of all sizes will certainly need supporting over the coming months.
While I’m so pleased to see the government is giving a range of support, there needs to be more than loans. Businesses are worried about how they would repay these loans, especially as they see what’s happening around their customers and suppliers.
I hope that we will see more measures announced soon.
If you have any concerns, remember that Staffordshire Chambers of Commerce is here to help. Please don’t hesitate to get in touch with us and we’ll do all we can to support the business community to get through this together.