News article
9 October 2020
FDF response to the Chancellor's business support measures
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Responding to the Chancellor's announcement on further support for businesses,
FDF's
Chief Executive, Ian Wright CBE, said:
“The Chancellor's introduction of support for hospitality and other businesses
forced to close
by Government restrictions in locked-down areas is very welcome. It does not,
however, address the
difficulties for those suppliers to businesses which are forced to close. These
- including many food
manufacturers which provide meals, drinks and other products - are equally
vulnerable to the impacts of
Government measures. Through no fault of their own, they face being shut with
no
income. Without
additional support for the supply chain throughout lockdown, many of these
'squeezed middle' suppliers
will simply not survive."
“While many manufacturers are managing to adapt and find new routes to market,
that just
doesn't work for others. When the Government is ordering businesses to close it
is the duty of the
Treasury to intervene at scale and with speed. Otherwise thousands of jobs,
companies and livelihoods
will be lost for ever.”
More news on the Members' website.
More information
Contact Ted Woodward, Corporate Affairs Division, at: ted.woodward@fdf.org.uk, or +44 (0) 20 7420 7140.
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