UK Hits Pause on Truss’s Plan to Scrap Enterprise Assist Scheme
(Bloomberg) — The UK placed on maintain Liz Truss’s plan to cancel a authorities program to assist small companies, in accordance with two folks acquainted with the matter, with selections on new coverage coming to a halt after the prime minister introduced her resignation.
The “Assist to Develop” program, launched by ex-Chancellor of the Exchequer Rishi Sunak final 12 months, provides 30,000 small- and medium-sized companies entry to administration coaching and software program. Truss’s authorities had deliberate to scrap this system, however the Treasury has now advised departments to place any insurance policies with out last sign-off on ice till
