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Liberal Party NEC Statement - The business impact of the coronavirus
The Liberal Party notes the continued escalation in the country’s response to the coronavirus and the latest advice from the Government to avoid all none-essential social contact.

The nation’s business owners now face an unparalleled risk to their existence and the party calls upon the government to take urgent action to safeguard jobs and businesses.

Airlines, train operators and hotel chains are already seeing drastic falls in business and this will now spread to the retail and service sectoring including clubs, pubs and restaurants.

Practical steps such as temporary relief from business rates, negotiated rent reductions and increased bank assistance all help business survive over the coming weeks until the pandemic has peaked.

Without such support already hard-pressed high streets will see a further and irreversible loss of occupied premises and the jobs and livelihoods which depend on these.
Although such temporary measures are welcomed, we, as Liberals, must realise that further radical change must be made to the way that businesses are taxed. If the National Health Service could be founded from the infrastructure of the wartime State Medical Service, then it is possible that such "temporary" measures could be applied to the high street decline long after the peaking of the Coronavirus.

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