The Chancellor of the Exchequer has set out a package of temporary, timely and targeted measures to support public services, people and businesses through this period of disruption caused by COVID-19. The measures available to food and drink wholesale businesses depend on their size, and include:
From 4 May, the Bounce Back Loan Scheme will be available to small businesses, who will be able to borrow between £2,000 and £50,000 with a 100% Government-backed guarantee for lenders.
With counterparts across Whitehall, and through engagement with industry, we are monitoring the potential impacts COVID 19 on the food and drink wholesale sector. We remain committed to working in partnership with industry to respond to these challenges as they evolve.