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Old 21-01-2021, 22:12   #178
1andrew1
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Re: Britain outside the EU

Businesses aren't complaianing about the 48-hour working week as an opt-out can be added to employment contracts. Customs delays and red tape have been the issues to date. And now this.
Quote:
Businesses miss out on Covid cash after UK sticks to EU state-aid rules

Companies angry at being locked out of £4.6bn grant scheme because they have already passed agreed cap on support

Large companies have complained to ministers that hundreds of millions of pounds of support is being blocked after a decision to stick with certain EU state-aid rules even though the UK has left the trading bloc.

Some businesses say they have been locked out of the government’s £4.6bn emergency Covid-19 grant scheme announced this month, leaving jobs hanging in the balance as they face an indefinite period of forced closure in the latest national lockdown.

Last year the UK government agreed that individual companies would not receive more than €4m each in grants to deal with the Covid-19 crisis, after signing up to the European Commission’s “state-aid temporary framework”.

The emergency measures initially allowed EU member states to give grants of up to €800,000 to struggling companies before the cap was lifted to €4m.

But some large British companies, including retailers, have already reached the limit from grants used last year — with some not even able to qualify for the higher threshold owing to other criteria — despite having to close down their stores again this month.

Executives are demanding to know why ministers appear to be obeying an EU edict when Britain has left the bloc.
https://www.ft.com/content/6faf5793-...a-1e5bb79b884f
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