The British Takeaway Campaign has shared thier Covid-19 and the Future of Takeaway report which was published in full this week.
The report looks at how the sector performed in 2020, the dynamism of business owners in adapting to the pandemic, but also the challenges operators will continue to face in the coming year. It also contains policy recommendations for Government to support the sector, including:
- Changes to the Enterprise Investment Scheme and Seed Enterprise Investment Scheme so that established businesses to access finance via equity from investors, rather than more debt through the Recovery Loan Scheme.
- Government to consider the barriers to technology adoption for small businesses and ways it can encourage owners to adopt technology.
- Bringing forward the comprehensive business rates review to coincide with the new business rates tiers beginning from the end of June.
- Providing an exemption to the smallest businesses from the proposed HFSS online advertising ban, so as small food businesses aren’t penalised as they fight to recover.