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Budget sees “significant incentive” for investment, but long road to recovery ahead
The Chancellor’s business rate holiday doesn’t fix the “broken system”, according to Phillip Slavin, CFO at Quintain by Aoife Morgan - March 5, 2021
The investment-led recovery measures announced by Chancellor Rishi Sunak at Wednesday’s Budget, provide a “well-needed tax relief boost” and cost capping extensions provide “essential certainty” for businesses, according to Mark Jenkins, CFO at MHR International.
“The range of freezes, tax rates and reliefs will now make it easier for CFOs to forecast accurately through financial modelling and analytics within clear parameters,” he said in an email.
A formula to rescue the high street propertyweek.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from propertyweek.com Daily Mail and Mail on Sunday newspapers.
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British Institute of Innkeeping
“With the package of support from government laid out, our pubs can begin to look to the future of their businesses once more. The extension of furlough to September will help our pubs to manage the return of their teams until they are able to trade freely again. The confirmation of further reductions in business rates will allow them time to recover, but until our nation’s pubs are able to return to normal trading, the vast majority of these businesses will still be loss making.
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