Government support not enough, says UK Hospitality

Staff

UK Hospitality has highlighted issues with the government support for operators during the coronavirus crisis, after surveying businesses on their experience of applying for loans, insurance claims, the speed of grant payments and workforce issues. It said around half (48%) of businesses had applied for loans, but 57% had their applications denied. Government-imposed State Aid rules made up 26% of those rejections, while 28% were denied with banks insisting businesses had to exhaust their own capital first.

 

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