Once the threat of the Coronavirus passes, access to working-capital, grants and low interest finance must be provided by the State. The economic crisis we find ourselves in now is akin to a mini ice-age. Unprecedented economic interventions will be required, to un-freeze the economy and support employers to re-open and maintain jobs.
Competitor countries, both in the EU and further afield, are doing much more to support business. Government needs to appreciate the scale of the threat facing business. Doing too little to support business is the real risk we face right now. At an absolute minimum, deferrals and moratoriums on VAT, commercial rates and other changes must last for the duration of the crisis.