Matthew Fell, the CBI's chief UK policy director, told Reuters in an emailed statement that the move would hit businesses which were already struggling badly, and the government needed to take a "fresh look" at how to support UK businesses through to the spring. UK Prime Minister Boris Johnson said on Saturday that London and southeast England will be placed in a new Tier 4 level of lockdown. Non-essential retail will close, as will indoor leisure and entertainment. The British Retail Consortium added that the consequences of the new restrictions will be severe and that the government will need to offer additional financial support to businesses. The London Chamber of Commerce and Industry called for the suspension of taxes and rates for any companies forced to close their doors.

Source: bd News24 December 20, 2020 01:41 UTC