UK business survey finds firms struggling to access emergency cash
by Larry Elliott from on (#51VNN)
British Chambers of Commerce reports firms at a 'cliff edge' as cash runs out with with only 1% getting government funds
More businesses in the UK are laying off staff as they start to run out of cash and struggle to get access to emergency coronavirus financial support from the government, a leading employers' organisations has said.
The British Chambers of Commerce (BCC) said its weekly survey of how firms were coping with the Covid-19 crisis found an increase in the number planning to furlough workers as a result of the economic lockdown.
Income subsidies
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