UNIVERSITY NEWS LAST UPDATED : 23 APRIL 2020
Centre for Brexit Studies Senior Fellow Dr Steven McCabe has shared his thoughts and views on coronavirus (COVID-19) and the impact the ongoing crisis is having on the West Midlands, and why the region will be one of the most affected areas of the UK.
In a video shared today, the expert discussed if the UK’s economy could cope with social distancing for the rest of the year, and if lockdown measures will eventually need to be lifted in order for many businesses to survive, as well as if the Government are doing enough to support companies across the UK during this uncertain time.
He also discussed why banks have so far only agreed less than half of applications made under the government's Coronavirus Business Interruption Loan Scheme. Dr McCabe discussed the impact this could this have on small firms who need the money to survive now.