Article 54A4P Labour calls for second round of support for struggling firms

Labour calls for second round of support for struggling firms

by
Larry Elliott Economics editor
from on (#54A4P)

Ministers need to follow up emergency scheme with targeted help, says Ed Miliband

Labour is urging the government to provide a second round of support for businesses amid signs lockdown pressures are leading to a surge in insolvencies and high-profile job losses.

The shadow business secretary, Ed Miliband, said ministers needed the government to follow up its emergency Covid-19 support package with changes to its business loan schemes and targeted help for sectors badly hit by the pandemic.

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