Director Scheme Welcome as a first step

Press Releases 14 Jan 2021

Roger Pollen reacts to the announcement of support for company directors

FSB NI Head of External Affairs, Roger Pollen, has cautiously welcomed the launch of the Limited Company Directors Support Scheme (LCDSS), calling it a “good first step”, though he has called for the level of support to be significantly increased.

Commenting, Roger Pollen, said:

“While many support schemes have been brought forward by UK Government and the Northern Ireland Executive, regrettably, company directors have consistently fallen through the gaps and been unable to access support.

“Therefore, we very much welcome the launch of the Company Directors Support Scheme today, particularly as this is an area where UK Government has still not taken action.

“While the initial level of support is very modest, it is a good first step which we hope will be followed by more generous resource to assist those directors who have yet to receive support almost a year after the pandemic began.

“We would hope that this initiative will be followed by further assistance, so it is vital that any eligible business owner engages with the scheme during this initial phase so that the size of the potential pool of applicants can be established and further interventions secured and distributed.”