London Mayor Sadiq Khan has called on President Rishi Sunak to speak quickly on the imminent deadline for action on pay leave. In the absence of adequate measures, a new wave of concrete closures may occur.
In a press release dated February 10, the mayor of the British capital expressed his fear of a setback for companies that have so far benefited from measures taken in connection with paid holidays:From April 1 (…) things could get worse. In the first 50 days from today, more than 73,000 London businesses will be forced to pay a large sum of money to buy a few.. “In this sense, he underscores the absolute need of the Chancellor to communicate decisions made in this context:”Businesses can’t wait to learn more about the March budget. They definitely need immediate financial help.”
In his press release, Champik Khan argues for an extension of the measures already in place in favor of pay leave. Accountant shared position on company title Euro Accounting Limited, Shafeer Jiagiotin “The first step the townhall must take is to extend the business rate holiday (Activities for paid leave, editorial) For at least one full year until March 31, 2022. Companies have lost a lot of money due to Govt-19, and paying business rates will further increase their cash flow. ”
The expert emphasizes the difficulties faced by companies since the beginning of the crisis and the long-term consequences of compliance: the lack of tourism, administrative problems for import-export companies, and the importance of a global understanding of the recruitment of increasingly complex European profiles. … Companies are now sustainably weak. To Shafeer Jiagiotin, “Exceptional solutions will certainly help businesses, but if the Chancellor wants to save them and jobs, he must go beyond that. Low tax and more flexible management practices, for example, are welcome.”
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