Friday 15 January 2021 / 1:56 PM Business / Lucy Powell

Lucy Powell comments on Supreme Court ruling in favour of small firms receiving payments from business interruption insurance

Lucy Powell MP, Labour’s Shadow Minister for Business and Consumers, commenting on the Supreme Court ruling in favour of small firms receiving payments from business interruption insurance, said:

“This is long overdue, and will be of huge relief to all those businesses which took out business interruption insurance who have yet to receive a penny.

“The pressure businesses are under is huge, and even with these pay outs the cash crisis they face as a result of inadequate government support threatens the future of many.

“These pay outs do not absolve government of their responsibility to see firms through the pandemic. Business desperately needs a long term comprehensive plan from government to tide them through lockdown and on to recovery.”