- March 20, 2020
- Posted by: BHTA
- Category: Coronavirus, Healthcare News, Industry News, Members News
The Trade Association representing both manufacturing and retail healthcare companies today joined calls from other business organisations for greater government support during these unprecedented times of crisis. In particular, support is required in the areas of tax cuts and wages to avoid mass redundancies.
The Association is responding to calls for information from both the Office of Life Sciences, and from the CBI.
Many of our members have seen orders or consumer spending fall off a cliff, directly as a result of measures undertaken to prevent the spread of the virus. Whilst the Association supports Government efforts to protect the population, it points out that there are many business sectors that will be adversely affected – not just those currently capturing the headlines. Manufacturers are also affected, and have likewise started to lay off staff.
Companies are also finding a lack of clarity in how to access support already announced by the Chancellor, and stress that time is running out. For many companies, this is the hardest thing they have ever been through, and government support is so far inadequate.
Dr Simon Festing
Chief Executive Officer – BHTA