David Stevens, CEO of the TSA comments on the budget:
Commercial Laundries are Left in Jeopardy
Of course it’s good that the furlough scheme has been extended to September. We’re happy that the Chancellor has also announced a new recovery loan scheme, the investment incentives are a definite plus so there are some positives.
Having said that, we’re very disappointed that the Chancellor didn’t see fit to expand the recovery net. Commercial laundries are still in this enormous black hole outside of the government’s support bubble. We aren’t eligible for business rates relief or for recovery grants, VAT reductions and so the list goes on. We will see minimum wages increase at a time when we will be struggling to pay any wages!
Yet again the service support sector has been totally overlooked despite being part of and dependent on the hospitality industry who have been receiving support throughout the pandemic – it’s simply not fair. This is not a good budget for our industry.
With support we could survive. Without it, commercial laundries, and the 24,000 people they employ, remain in real jeopardy.
If you wish to discuss the above or if you would like any further information, please do not hesitate to contact us on 020 3151 5600 or at email@example.com.