Moray MP in talks with local businesses hit by virus control measures
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MORAY'S MP has been in discussions with local businesses over the impact of coronavirus prevention measures.
Yesterday Chancellor Rishi Sunak unveiled a £330 billion loan scheme to support businesses, alongside measures including tax cuts, grants and mortgage holidays. He said the government will do "whatever it takes" to support the UK economy through the crisis.
Calling for a collective national effort, Mr Sunak said: "We have never in peacetime faced an emergency like this."
Local Conservative MP Douglas Ross said today: "I’ve been discussing with businesses large and small, across every sector in Moray, to hear about the impact they are experiencing as the country tries to protect individuals from coronavirus.
"This is a fast-moving situation which is regularly being updated and the changes at the beginning of the week for people to socially distance themselves has obviously had a massive effect on local businesses.
"On Tuesday, the chancellor said that we will do whatever it takes to support businesses and individuals through these unprecedented times. The £350 billion committed through various measures is a massive financial stimulus for our economy – but I expect more to come in the days and weeks ahead."
He added: "The Scottish Government will have almost £2 billion extra to spend supporting Scottish businesses and I know they have pledged to spend every penny that they get from the UK Government to help all sectors affected in Scotland.
"I also accept that we need to do more for self-employed and individuals and the chancellor has said he is discussing this further with a range of stakeholders to ensure he can quickly get the most beneficial support to these individuals as well."
Mr Ross called on people to work together, support each other, and protect friends, family and neighbours "to ensure we get through this crisis together".
He added: "There will be more announcements to come from the UK Government and the Treasury and I want to continue to do everything I can to support individuals, businesses and communities across Moray as we fight this virus."
