Article 59H7E Covid leaves 6m UK small businesses and 16m jobs in 'precarious position'

Covid leaves 6m UK small businesses and 16m jobs in 'precarious position'

by
Rebecca Smithers Consumer affairs correspondent
from on (#59H7E)

Survey finds nearly two-thirds of entrepreneurs believe their business may not survive pandemic

An estimated 6m small businesses in the UK supporting 16.6m jobs are in a financially precarious position as a result of the pandemic, a London business school has warned.

Nearly two-thirds of entrepreneurs felt their business might not survive the pressures of Covid-19, while more than half predicted they would run out of money within the next 12 months, according to the new study from King's Business School.

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