Select committee told of £10bn debt built up over pandemic and lack of guidance on easing of Covid rules
More pubs, bars, hotels and restaurants could be facing collapse, despite restrictions easing from 19 July, having built up almost £10bn in debt during the pandemic.
Hospitality, retail and property business leaders told MPs on Tuesday there was an urgent need to revamp business rates, kick off arbitration on rent debts and extend payment terms for government-backed loans, as the government hands over responsibility on Covid protection measures to individual businesses.
