The Business Impact of the Coronavirus

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ECOM - Coronavirus Business Impact Tracker

The British Chamber of Commerce’ CBIT survey confirms that 74% of organisations have now furloughed a proportion of their staff in anticipation of the Coronavirus Job Retention Scheme going live and making payments (down from 76% last week). Business’ cash flow remains an urgent concern as 54% have three months of firms of firms have three months cash flow in reserve or less (up from 51% last week). However, 89% of firms state they can be ready for ‘restart’ within three weeks. For more market insights, visit our website at: www.ecomrecruitment.com

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