I’ve made this short video because I wanted to talk to you all about the situation many small and medium sized businesses in Norwich and across the country are faced with.
Please watch and let me know what you think in the comments section below.
The research I mention is linked in this post.
So many businesses – like pubs, salons, gyms, and businesses in the night time economy – are really struggling. They aren’t getting the support from the Government that they need.
On the horizon is the end of the furlough scheme and current business support scheme, and new report from the LSE shows that 900,000 small and medium sized businesses that employ 2.5 million people are facing a “cruel spring of bankruptcy”.
Our economy is being affected by an international public health issue. We cannot carry on with short-termist, piecemeal economic policy that is levaing many people and businesses living hand to mouth.
The Government needs to start thinking in the long-term and deliver an unprecedented package of support – one that will not only keep businesses going in the short-term, but which will support our economy to adapt, and create new businesses and new jobs to make up for losses.
The All Party Parliamentary Group on the Green New Deal which I Co-Chair produced the Reset Report last year. We asked what life after Covid should look like, and over 57,000 people from across the UK responded.
We found that most of the public don’t want to go back to the pre-pandemic ‘normal’, which frankly wasn’t working for too many. Instead, the vast majority of people want to #BuildBackBetter.
Most people want better paid jobs, more sustainable jobs, a greener and fairer economy – the kind of economy that means you can spend more time with your loved ones, and where the Governments invests in public services, public spaces, and supports local economies to start thriving again.
I would like to hear what you think. What kind of economy do you want to see us building back better to?
Reset Report by the APPG Green New Deal:
Around 900k small firms at risk of bankruptcy:
The Save Our Salons campaign is mentioned in this EDP 24 article: