A limited suspension is one thing, lasting change would be another. And so often, nothing is so permanent as the temporary.
Posts Tagged: Business
Nick King: The business bailout scheme should avoid moral hazard, protect taxpayers – and not throw good money after bad.
Given the working title ‘Project Birch’ within Government, the project is reported to be considering investmenting billions of pounds in companies.
“Stay at home. Protect the NHS. Saves lives” now needs to end up as “Get back to work. Protect the economy. Save livelihoods.”
The Government can avoid worsening it. But that requires as bold a deviation from ordinary policy as the extraordinary relief efforts we saw before.
It represents an emergency call to arms – not a permanent transition towards a command society.
Nat Wei: How the internet could have been used to protect lives and livelihoods during this crisis. And how we can do better.
More emphasis could have been put on local delivery of services, drugs, and even treatment using mobile medical equipment and remote consultation.
James Frayne: More welfare spending. A business tax avoidance clampdown. The new economic policy that voters will want.
One area that has had relatively little attention, but could get much more, is the behaviour of commercial landlords across the country.
When used against an indiscriminate shock like the Coronavirus, it can become a huge weight on the private sector.
Andy Street: Our West Midlands recovery plan – and why no one-size-fits-all Whitehall scheme would work
Here, the recovery of our automotive and construction sectors is crucial – firms in the region directly employ around 46,500 people.
Alex Crowley: Why is a Conservative Government excluding two million microbusiness owners from financial support?
The Small Business Grant scheme should cover these businesses – and the furloughing plan allow sole company directors to work.
George Freeman: Hancock’s critics will look for failures in his 100,000 test goal. But his ambition will drive Britain forward.
Used properly, stretch targets have the effect of galvanising the level of culture change, ambition, pace and delivery which is needed.
The shutdown will be with us for the duration. What the South Korean route out of it will mean – and why it’s now necessary.
Following this road will require a transformation of how we work and live on an expectation-defying scale.
James Frayne: The Coronavirus will radically recharge our national debate about fairness and justice
The mass of the public will demand answers to questions that previously had relatively limited appea – such as: why the postcode lottery in healthcare?
Businesses can apply for up for 25 per cent of their turnover to a maximum of £50,000 with the Government paying the interest for a year.
Julian Knight: Coronavirus presents a more complex economic challenge than when the Coalition took office
With no fiscal leeway for stimulus spending, a bold supply-side programme will be crucial for the UK.