Nearly a quarter of retailers and hospitality firms do not know when they will reopen doors
Research by carried out in the UK's small business sector has revealed that 35% of small-to-medium enterprises (SMEs) said they had closed their business as a result of the Covid-19 crisis. According to the Small Business Monitor from WorkLife - a new employee benefits service from OpenMoney - while 18% said they were planning to reopen, 17% said they were unsure when they would be able to get back to work. The research found that the retail and hospitality sectors were worst hit, with 24% saying that they did not know when they would be up and running again. Almost three quarters ...
To continue reading this article...
Join COVER for free
- Unlimited access to real-time news, key trend analysis and industry insights.
- Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
- Receive breaking news stories straight to your inbox in the daily newsletter.
- Members only access to monthly programme 'The COVER Review'
- Be the first to hear about our CPD accredited events and awards programmes.