fbpx

News > ACCA: Extra Help Urgent to Save Lives and Livelihoods of SMEs

Article Details:

  • 13th July 2020 - 17:23 UTC

ACCA: Extra Help Urgent to Save Lives and Livelihoods of SMEs

ACCA (the Association of Chartered Certified Accountants) has joined with champions of small businesses to call for more help for the troubled sector in the wake of Covid-19. The call came in a roundtable discussion hosted by ACCA with the Forgotten Ltd campaign, which supports small limited company directors affected by the coronavirus; the Corporate Finance Network (CFN) – which speaks for independent accountancy firms; and Sarah Olney MP, the Liberal Democrat business spokesperson, and ACCA member.

At the roundtable event, ACCA members and partners were unanimous in the need for immediate action to save the livelihoods of millions of people in the UK who have been left out of Government initiatives to ease the economic impact of Covid.

Claire Bennison, head of ACCA UK, said: ‘It is so important that we can support small businesses to survive. There are areas of small business that are really struggling. They have been left behind by Government interventions, and the Chancellor’s statement on 8 July sadly left that unchanged.’

Gina Broadhurst, co-founder of Forgotten Ltd, said: ‘We represent two million companies employing 7.5m people. We are not fat cats or multi-millionaires. We don’t want special treatment. We want parity with everybody else.

‘We need the political will to change, to save businesses and jobs. This is taking a heavy toll on people’s mental health.’

Read the full article here.

No comments

Your email will not be published
Cancel reply