JOB SUPPORT SCHEME ‘SHOULD PROVIDE TEMPORARY RELIEF’ SAYS SMMT

The SMMT has broadly welcomed the Chancellor’s replacement for the furlough scheme.

A new plan, known as the ‘job support scheme’ is to be implemented where the government will to-up the wages of employees who have been put on short hours.

Mike Hawes, SMMT Chief Executive, said: “The Chancellor’s Job Support Scheme is welcome and should provide temporary relief for the automotive sector, which has been so badly hit by the pandemic, as too will the flexibilities on the loan schemes and tax deferrals”.

READ: SMMT BOSS SPEAKS ABOUT THE AFTERMARKET

We must make sure it’s more than just a short-term lifeline, however, and, like schemes elsewhere, ensure it supports jobs for the duration of the pandemic and recovery.

READ: NO  ‘BREXIT DIVIDEND’ EXISTS, SAYS SMMT CHIEF

We need every manufacturer to hold on to skilled, viable jobs, and government and business must do everything to improve competitiveness and demand. Business remains fragile as we head into a winter of uncertainty, and a 2021 recovery is immensely challenging and far from guaranteed.

Published by GregWhitaker

Editor of CAT Magazine and an experienced motoring journalist

JIM SAKER APPOINTED IMI PRESIDENT

Incoming President replaces Graham Smith OBE

Read More

ECP DIRECTOR: ‘HUGE INCREASE IN DEMAND FOR MOT-RELATED EQUIPMENT’

Rise in demand for garage plant, such as lifts, according to Workshop Solutions boss

Read More

TRADE FAIR BOSS: AFTERMARKET TO UNDERGO ‘NATURAL SELECTION’

Autopromotec’s Renzo Servadei says ‘only the fittest will overcome the obstacles’

Read More

IGA UP FOR ‘COVID CHAMPION’ AWARD

RMI association shortlisted for new Learning Award category

Read More

BREAKING: NATIONWIDE BRANCHES TO REBRAND AS FMG REPAIR SERVICES

Redde Northgate expected to rebrand 77 of the former Nationwide branches under the FMG trading style

Read More

Go to comments

Your email address will not be published. Required fields are marked *