COVID-19 and tax and regulation
Due to COVID-19 the CBI briefly paused these regular monthly updates to fully focus on the crisis and the response needed to support the economy and society at large.
The CBI team have been extremely busy over March to July understanding the critical issues businesses have been facing, what they desperately needed from government and then making sure that the support was delivered effectively. There has been a huge amount of change in the tax and regulation policy landscape as a result, from business rates holidays, government guaranteed loans and a huge raft of new health and safety regulation that firms have had to get their heads around. Our COVID-19 hub has been a source of key information throughout the crisis and you can see a summary of the influence and impact the CBI has had here.
The crisis is not over yet. We know that many firms are concerned about cash flow in the 2nd half of the year as