Restaurant Assn chief pushes back on idea that some businesses should be left to fail

Author
Newstalk ZB,
Publish Date
Tue, 12 Oct 2021, 7:50AM
(Photo / 123rf)
(Photo / 123rf)

Restaurant Assn chief pushes back on idea that some businesses should be left to fail

Author
Newstalk ZB,
Publish Date
Tue, 12 Oct 2021, 7:50AM

Pushback on the idea that some businesses need to fail after lockdown.  

Economist Shamubeel Eaqub suggested some businesses should be left to fail, so others can thrive. 

He says the Government shouldn't be expected to prop up businesses who go under post lockdown, as there will be too many businesses and not enough demand.    

Restaurant Association chief executive Marisa Bidois told Kate Hawkesby it's not that simple.  

"We need to remember these business owners are people. They contribute to the economy, they affect the supply chain, so it's absolutely imperative that we look at helping these businesses out." 

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