“We’re encouraged by the Chancellor’s latest changes to the furlough scheme but business events, accommodation and meetings businesses still need special treatment to prevent a deluge of redundancies.
“We’re very pleased that, contrary to many national press reports, the employers’ contribution will start at National Insurance and increase gradually. However the sector has been closed for business since the start of the lockdown in March and will be the last to recover. By the end of the furlough scheme business events will only be just starting again, with smaller meetings.
“All of our members have had no income over the last few months and agencies will be in a very tough place with no prospect of income for 8 to 12 weeks once business starts moving again. Hotels and venues, many of which have been closed or operating at a loss to provide rooms for essential workers since lockdown, will also struggle to contribute to a scheme that has been a lifeline for business.
“If no concessions are made to businesses in our industry on the proposed contributions, the deluge of redundancies will be inevitable.”
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