Coronavirus
450,000 businesses to be hit by tapered support measures
According to Labour’s research, approximately 60% of affected businesses are shops, 30% are hospitality and leisure properties, and 10% are other types including accommodation
The retail sector is set to be hit by the tapering off of government support measures, with businesses now set to contribute 10% towards the cost of furlough following measures that came into effect yesterday (1 July).
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