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<p>Manufacturing is a critical part of our economy and the Government is engaging
with industry to ensure that we can support our manufacturing sectors during and after
the Covid-19 pandemic.</p><p> </p><p>Many businesses across the aerospace, chemical,
automotive, steel, aluminium, pharmaceutical, packaging, and other sectors have answered
the call to action. These businesses are playing a direct role in combatting COVID-19
by producing the materials and equipment necessary, as well as enabling the services
that we need to fight the spread of the virus and keep the country running.</p><p>
</p><p>We have put in place an unprecedented package of Government support to give
manufacturers and their suppliers the support they need to ensure business continuity.
These measures include:</p><p> </p><ul><li>£330 billion worth of Government-backed
and guaranteed loans to support businesses across the UK.</li><li>The Coronavirus
Business Interruption Loan Scheme (CBILS) to help small and medium-sized businesses
to access vital financial support.</li><li>The Coronavirus Large Business Interruption
Loan Scheme (CLBILS) to allow more firms to benefit from Government-backed support
at this difficult time.</li><li>The Bounce Back Loans scheme for small businesses,
which complements the CBILS and CLBILS schemes.</li><li>Deferring VAT payments for
firms to the next quarter, until the end of June, which represents a £30 billion injection
into the economy.</li><li>Our Coronavirus Job Retention Scheme, where small and large
employers will be eligible to apply for a Government grant of 80% of workers’ salaries
up to £2,500 a month. This will be backdated to 1 March 2020 and available for at
least three months.</li></ul>
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