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The Office for National Statistics have release a report – Coronavirus and the latest indicators for the UK economy and society.

Coronavirus and the latest indicators for the UK economy and society: May 2020

Wednesday, May 20, 2020

The Office for National Statistics have release a report – Coronavirus and the latest indicators for the UK economy and society.

Of UK businesses that responded to our fortnightly Business Impact of Coronavirus (COVID-19) Survey (BICS) for the period 20th April to 3rd May 2020, 44% of businesses who had not permanently ceased trading between 20th April and 3rd May reported that their cash reserves would last less than six months.
91% of businesses who had paused trading applied for the Coronavirus Job Retention Scheme, compared with 72% of businesses who were still trading.

The full report is available here -https://www.ons.gov.uk/peoplepopulationandcommunity/healthandsocialcare/conditionsanddiseases/bulletins/coronavirustheukeconomyandsocietyfasterindicators/latest

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