Fieldfisher

The measures that the UK government is taking to contain the coronavirus COVID-19 pandemic are having a devastating effect on small businesses, particularly those in the passenger transport sector as demand, even for local travel, has all but collapsed.

Small coach operators are among those most at risk from cash flow problems. Not all of them have the financial resources to withstand a sustained shortfall in revenue. The risk became particularly acute at the end of March, when staff wages and other quarterly financial obligations fell due.

Although the government has made numerous commitments to assist businesses, including a . . .

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