The Office for Budget Responsibility believes that Coronavirus will have a significant impact on the UK economy and expects COVID-19 will bring temporary disruption to supply chains, exports and global markets.
British Marine recognises how concerned its members are at this time and is working closely with industry and Government to ensure these concerns are fully communicated and understood.
We want to hear from all affected businesses to enable us to build a clear picture of the challenges facing the industry and discuss the support available with Government, councils and other public bodies. Please contact us directly by calling 01784 223663 to discuss the support available.
There has been a significant amount of confusion following Government’s announcement that all non-essential businesses should close with immediate effect.
Government has produced guidance on those businesses they deem to be “Non-essential”. In their latest guidance, government have made it clear that:
“People can travel to and from work, but only where the work they do absolutely cannot be done from home.
With the exception of the organisations covered by non-essential shops and public spaces, the Government has not required any other businesses to close – indeed it is important for business to carry on.
Employers and employees should discuss their working arrangements, and employers should take every possible step to facilitate their employees working from home, including providing suitable IT and equipment to enable remote working.
Sometimes this will not be possible, as not everyone can work from home. Certain jobs require people to travel to their place of work – for instance if they operate machinery, work in construction or manufacturing, or are delivering front line services.”
Date – 25.3.20
The Government has published advice for businesses that export outside the UK and are worried about the impact of COVID-19 on their day-to-day operations.
Businesses concerned about late payments, export insurance and direct lending are advised to contact UK Export Finance in the first instance for more information on the support available to them. UKEF can be contacted by emailing email@example.com