“Working with the BCC has given TSB unparalleled insight into the experience of UK businesses during the pandemic and helped us consider how best to serve SMEs in the future.”
During 2020 BCC and TSB have worked in partnership on an initiative to assess the needs of the business community post Covid-19. This included a national survey and a programme of 5 webinars held with Chambers across the UK.
Impact
Benefits to TSB
While it will be a relief to some businesses in England that select critical workers can be exempt from self-isolation, it will leave many more still facing critical staff shortages and lost revenue as the number of people being asked to isolate remains high.
Responding to the announcement of the new UK approach to the Northern Ireland Protocol, William Bain, Head of Trade Policy at the BCC, said: “Businesses in both Great Britain and Northern Ireland need durable, workable, negotiated solutions on compliance with the Protocol to ensure the continued two-way flow of goods East-West and North-South. The UK Government and EU need to work together to find solutions which work for business."
The UK government should seek to expand trade opportunities for UK businesses in the switch to greener technologies and practices.
Hard-pressed companies will need further support into next year as they adjust to this new phase of the biggest change in trading terms with the rest of Europe for half a century.
