“Businesses want support that is stable across the crisis, rather than changing week-to-week. So the extension of the furlough scheme to the end of March is a good move.
“But there is more to do. The fight against the virus is being compromised by the failure to fund Statutory Sick Pay for every worker if they need to self-isolate. The vast majority of businesses supplying temporary workers, who are vital to sectors like education, logistics and care, are ineligible for SSP support - and a stand-off over who pays could lead to greater economic damage, as work gets shelved.
“We need to keep hiring demand as high as we can. Lowering the cost of labour by reducing employers National Insurance contributions, the biggest business tax, is one measure which will help.