CBI

The UK Government has acted at pace to protect companies and jobs. So far around £6 billion in grants from local authorities have reached small businesses. And the Job Retention Scheme started strongly on Monday, safeguarding nearly three million jobs, latest figures show.

But today’s fresh weekly CBILS data, which shows more than £2.8 billion of lending provided to 16,000 firms so far, highlights the need to accelerate the delivery of existing support. The CBI’s Industrial Trends Survey (ITS) revealed business sentiment and investment plans in the manufacturing sector worsening at record rates (since 1958), highlighting the need to re-examine what more can be done to help companies still struggling....more

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