Skip to main content
Become a member
  • Register
  • Login

Register Login


News Press Releases Connected Business Directors & Governance

IoD responds as Treasury announces further coronavirus grant support for businesses

05 Jan 2021


Responding to the Treasury’s announcement of further coronavirus-related business support, Roger Barker, Director of Policy at the Institute of Directors, said:

“This new grant package is welcome, and will go some way to reassuring the worst affected businesses.

“We are particularly pleased the Treasury has taken on board our recommendation to increase the discretionary local authority grant fund. This policy has helped to reach those who haven’t been able to access other support. The Government should be prepared to top up the fund if necessary.

“The Chancellor must remain wary of a Spring cliff-edge in business support as the furlough scheme and other support measures unwind. Businesses will also be keen for the Government to continue setting out its plans for the vaccine roll-out, to support their planning. The path of the virus is extremely uncertain, and Government must be agile in its response to prevent lasting economic damage.”

Coronavirus Hub - IoD

Contact Press Office

Euan Holmes, Press Officer

020 7451 3280

Press office

An error has occurred. Error: Related articles is currently unavailable.