Coronavirus pandemic leads to more UK business closures - and start-ups

  • 📰 Reuters
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 97%

Canada News News

Britain’s coronavirus pandemic has led to widespread business closures but also a surge in start-ups as entrepreneurs sought to capitalize on a boom in online shopping, according to data

FILE PHOTO: People walk during the morning rush hour in the financial district of Canary Wharf amid the outbreak of the coronavirus disease in London, Britain September 28, 2020. REUTERS/Toby Melville

The figures showed a 37% rise in business closures and a 24% increase in start-ups compared with a year earlier, both the biggest changes since the data series began four years earlier. But accommodation and food services businesses made up an unusually small share of closures, despite being hit hard by lockdowns since March last year. The ONS said that might reflect the government’s emergency support measures for those sectors.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Great until there is no more free Government money.

Many people, a tiny little island, and a large military buildup. War on that little tiny island means that many innocent people will die or become displaced. I don't care what your reason is, if you're willing to kill en masse to get it, it isn't worth having.

Socialist making money 🤣🤣🤣

thank you very much for your work

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in CA

Canada Canada Latest News, Canada Canada Headlines