The collapse of a ChanneI Islands freight firm will have a knock-on effect on Guernsey's construction industry, but the supply chain for food and other essential goods "remains strong".
The Channel Island Lines Group, which includes Paul Davis Freight, went bust over the weekend, with the group's Chief Executive saying it was a "direct result" of covid-19's impact on the economy.
Responding to the news, Policy & Resources Vice-President Lyndon Trott, who is leading on economic support measures, said unfortunately government would not be able to save every business.
Pictured: Paul Davis Freight is one of the firms within the group which has now gone into administration.
“These freight operators were a key component in supporting our supply chain particularly in relation to moving goods destined for our construction industry, so there will clearly be a knock-on effect for that sector once we are through this difficult period. In the short term, there should be no impact on the supplies of essential goods such as food as the cold food chain is handled through different operators. Our supply chain remains strong for these essentials.
“From the start we have been open and frank with our community. Government will not be able to save every business, despite the measures that are currently in place and additional measures under review.
“However, the message is clear - I would encourage every business to consider the measures we have put in place in support, including the loan guarantee scheme, grant scheme and payroll co-funding scheme in relation to their specific circumstances.”
Details are available at gov.gg/coronavirus.
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