Schemes extended to October for some
Business owners in the hospitality sector say they need financial support from government to continue into winter.
Schemes have been extended into October to cover those who lost at least 25 per cent turnover in August as a result of the Covid-19 pandemic.
However Andy Saunders, who runs Quids Inn, says that isn't the biggest issue businesses are facing and there are more challenging times ahead:
John Kinley, from Ocean Views Restaurant, says when government supports businesses the benefit is felt throughout the economy:
In response to a request for comment, a spokesperson for the Economic Recovery Group provided Manx Radio with the following statement at 2.19pm:
"The Economic Recovery Group, which is chaired by the Treasury Minister, is committed to providing timely financial support where required to help businesses position themselves for recovery following the continued impact of COVID-19 on the Isle of Man economy in the short, medium and long term.
"All financial support schemes facilitated through the Economic Recovery Programme are reviewed on an ongoing basis to ensure that where national or international COVID-19 policy have severely restricted their market sector or operating ability, businesses, industries and jobs in the Island are protected through a transition period and are supported so as to put them in a strong position for the future."
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