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Government announces additional financial support for businesses - RIBA responds

17 March 2020

The RIBA has responded to the Government’s latest financial measures to shore up the economy against the coronavirus impact.

RIBA CEO, Alan Vallance, said:

“We welcome the Government’s ‘unprecedented package’ of financial support during these unpredictable times, especially the extension of businesses eligible for loans. But more will be needed to support SMEs – most architecture practices – who are already feeling the pain of this pandemic. The Government must ease the cash squeeze faced by many practices and their clients, and provide clarity on how it will keep the planning system operating and construction sites open so that projects can progress.

We are writing to the Chancellor and Secretary of State for Housing to outline the specific support required for architects. The RIBA will do whatever is required to ensure Government provides the support our members need.”

ENDS

Notes to editors:

1. Press contact: Abigail.Chiswell-White@riba.org or +44 (0) 7531 525108

2. The Royal Institute of British Architects (RIBA) is a global professional membership body that serves its members and society in order to deliver better buildings and places, stronger communities and a sustainable environment. Follow @RIBA on Twitter for regular updates.

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