THE PUB

The Daily Telegraph - Business - - Coronaviru­s: Sunak’s Winter Economy Plan -

◆ Aaron Wil­son of The Bow Bells says: “I’m re­lieved by the con­tin­ued sup­port from the Govern­ment – the idea of a drop-off af­ter Oc­to­ber was a con­cern, es­pe­cially in light of the 10pm cur­few com­ing in.

“The VAT re­pay­ment ex­ten­sion will help cash­flow, es­pe­cially with the re­duc­tion of trad­ing hours and any po­ten­tial dip in trade through a par­tial lock­down. We took out a bounce­back loan back in April when we still had no idea when or if we would re­open, so it was al­ways in the back of my mind that this could go on for another year or more and we would have to start pay­ing back. The ex­ten­sion has def­i­nitely re­lieved some of that pres­sure.

“That be­ing said, the next six months are go­ing to be tough. These new poli­cies will cer­tainly help but go­ing into the win­ter months alone was al­ways go­ing to be hard.

“The cur­rent re­stric­tions are go­ing to have a big im­pact on trade, and if these tighten even fur­ther who knows what will hap­pen?”

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