Thu, 16 September 2021

Newsletter sign-up

Subscribe now
The House Live All
How we can build a sustainable future with timber Partner content
Press releases

GGF urges Chancellor to improve financial support

Glass and Glazing Federation

1 min read

Following an internal review of the Government’s financial support packages, the Glass and Glazing Federation (GGF) has formally written to The Chancellor of the Exchequer highlighting the current cash flow crisis in the glass and glazing industry, caused by the COVID-19 outbreak.

In the communication, the GGF also stressed to the Chancellor that the length of time the claim to payment process is taking will mean money under the new Government schemes might not reach companies in time, with an anticipated 6-8 weeks process period.  

The GGF letter also proposed three ways the Government could improve the current financial situation for many small to medium sized companies during the COVID-19 crisis.

The three proposals include:

  1. That glass and glazing companies be made eligible for the Cash Grant Scheme (that is currently open only for companies in the retail, hospitality and leisure sectors)
  2. That glass and glazing companies are made eligible to apply for the current Business Rates Holiday (currently only open to companies in retail, hospitality and leisure sectors)
  3. To increase the maximum amount that can be claimed under the Small Business Grant Funding scheme from £10,000 to £30,000

The GGF has asked the Chancellor to treat these proposals as a priority to prevent many small to medium sized companies potentially going out of business and causing greater problems throughout the supply chain and to the wider economy.


Coronavirus Economy
Associated Organisation
Engineering a Better World

Can technology deliver a better society? In a new podcast series from the heart of Westminster, The House magazine and the IET discuss with parliamentarians and industry experts how technology and engineering can provide policy solutions to our changing world.

New episode - Listen now

Partner content
Connecting Communities

Connecting Communities is an initiative aimed at empowering and strengthening community ties across the UK. Launched in partnership with The National Lottery, it aims to promote dialogue and support Parliamentarians working to nurture a more connected society.

Find out more