IoD welcomes irreversible plan to end lockdown

Responding to the roadmap set out today by the Prime Minister, IoD Director General Jonathan Geldart said:

“The vaccine rollout has shown that there is light at the end of the tunnel for the UK and our economy, and today’s ​roadmap is another welcome step forward.  But there is more ​work ahead for the Government.

Directors and businesses ​of all sizes have faced a very testing 12 months and it is vital that they now have the tools to emerge stronger from the pandemic.  Business leaders will welcome the Prime Minister’s commitment to an irreversible ending of lockdown, but ​cashflow support needs to follow alongside the roadmap, ​with many small firms eager to see​ an extension to the furlough scheme and ​more discretionary grant fund​ing. 

It is crucial that businesses have clarity around how the Government perceives the UK is meeting its ​four key tests ​to help them plan, taking into considering the lead time​s they  need to ensure workplaces are Covid-safe and so  they can start rehiring.

We look forward to hearing more details in next week’s Budget and press the Chancellor to ensure that those who have worked so hard to keep their business going are not left behind when we are so close to the finish line.”