One in three SMEs forced to close due to Covid-19
Nearly three quarters have seen their income reduce
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%...
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