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Coronavirus: McLaughlin gives cautious welcome for Micro-Business Support Fund

written by John May 18, 2020
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SDLP Foyle MLA Sinead McLaughlin

SDLP Economy spokesperson Sinead McLaughlin has given a cautious welcome to the newly launched Micro-Business Support Fund.

However, she has warned that it still leaves many businesses in Northern Ireland outside the various support schemes and in financial hardship.

Said the Foyle MLA: “It is good to see that some micro-businesses in Northern Ireland will get financial hardship help.

“But I am concerned that this will leave vast numbers of our smallest firms without assistance.

“And there needs to be clarity of the criteria used for support given that the number of applicants is likely to greatly outstrip the money available for them.

“Northern Ireland is very dependent on our small firms – much more so than is the case in Great Britain.

“It is essential that we do everything possible to keep these small firms going beyond this crisis.”

Coronavirus: McLaughlin gives cautious welcome for Micro-Business Support Fund was last modified: May 18th, 2020 by John

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CoronavirusCoronavirus: McLaughlin gives cautious welcome for Micro-Business Support FundCOVID-19FOYLE MLASDLPSDLP Economy SpokespersonSINEAD MCLAUGHLIN
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