Foodservice wholesalers are finally set to receive extra support in the form of business rates relief, following a government announcement of £1.5bn in additional backing.
This new support is targeting “businesses affected by Covid-19 outside the retail, hospitality and leisure sectors” that slipped through the cracks in previous support.
Although wholesalers still don’t have final confirmation, the announcement included an case study of a foodservice wholesaler as an example of a business that will receive the relief.
Read more: FWD launches petition calling for government financial support
FWD chief executive James Bielby, said: “This is fantastic news for wholesalers and reflects the increased recognition within government of the vital role of food and drink wholesalers. The past year has had a devastating impact on foodservice wholesalers and support with business rates has been the main ask of government to support the sector.
“It’s a reflection of the great pressure that the wholesale sector has put on government by campaigning intensely for the glaring anomaly on business rates to be corrected,” he added.