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Most firms won’t cope if lockdown extended

A new survey has revealed that just one in six firms expect to be able to survive a six-month lockdown. The survey, conducted by the Business West Chambers of Commerce, found that if the lockdown were to last for 12 months the number of firms confident of survival falls to less than 10%. The chamber’s managing director, Phil Smith, said the figures were a “stark reminder of the potential depth of this crisis, with the damage to business risking being cumulatively greater the longer the crisis continues.”

To read more, go to: The Independent


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