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CBI yesterday responded to ONS Labour Market statistics.

Matthew Percival, CBI Director of People and Skills, yesterday said:

“The Job Retention Scheme continues to support people in work and limit the impact of Coronavirus on the labour market. Employers will now be looking to the Chancellor to extend furlough, securing people’s jobs and livelihoods.

“The Prime Minister’s roadmap offers optimism that the country can get back to business in the coming months.  But with tough decisions on jobs being taken daily, employers need the Budget to provide further business support until the economy is fully reopen. 

“VAT deferrals and a business rates holiday to June would also provide immediate relief to those sectors who are struggling and preparing for restrictions to ease over time.”