Covid-19: The Impacts on Businesses

The COVID-19 pandemic and unprecedented national lockdown has caused a dramatic change in how businesses have been operating over the past two months. Whilst impacts are being felt across all sections of the economy, they are – inevitably – uneven. How businesses are responding to the pandemic is being monitored through a series of new monthly and fortnightly Office for National Statistics (ONS) data releases. Click here for insights from the fourth wave of the Business Impact of COVID-19 Survey (BICS) published on 21st May 2020. Based on responses from just less than 6,200 businesses operating across a cross-section of sectors, the survey provides varied insights into the challenges being faced by businesses