COVID-19

LBWF and COVID-19

A few days ago, the Cabinet considered a paper which looked at the impact of COVID-19 on LBWF’s finances. The headline figures that were presented are alarming. Assuming the crisis lasts 12 weeks, LBWF will have an ‘exposure’ (increased costs plus lost income) of between £34.857m. and £39.487m. while at the time of writing, promised central government emergency assistance amounts to only £7.540m. ... »