Source · Select Committees · Justice Committee
Recommendation 8
8
Not Addressed
Paragraph: 27
The furlough scheme has been very useful, with both solicitors’ firms and barristers’ chambers using...
Conclusion
The furlough scheme has been very useful, with both solicitors’ firms and barristers’ chambers using it to reduce staff costs. We heard that the loan schemes were less helpful, particularly for small high street firms.
Government response summary AI-generated
The government acknowledges that it introduced an unprecedented package of support measures during the pandemic, listing the Self-Employed Income Support Scheme, Coronavirus Job Retention Scheme, Coronavirus Business Interruption Loan Scheme, and Bounce Back Loan Scheme as available to legal practitioners and firms, but does not address the observation about the helpfulness of loan schemes.
Summary of the government's response below — read the verbatim text to verify.
Paragraph Reference:
27
Government Response
Not Addressed
HM Government · verbatim extract
Not Addressed
In response to the pandemic, the Government announced an unprecedented package of support measures to assist those impacted by Coronavirus. Legal practitioners and firms have been able to access support from the Self-Employed Income Support Scheme (SEISS), the Coronavirus Job Retention Scheme, the Coronavirus Business Interruption Loan Scheme (CBILS) and the Bounce Back Loan Scheme.
Read the full response on Parliament ↗