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According to the ONS Business Impact of Coronavirus (COVID-19) Survey, 14% of all UK businesses said they had low or no confidence that their business would survive the next three months.

The accommodation and foodservice activities industry - sites that provide customers with lodging and/or preparing meals, snacks, and beverages for immediate consumption - had the highest percentage of businesses that had no or low confidence that their business would survive the next three months, at 34%. This was followed by the administrative and support service activities industry, at 18%.

The accommodation and foodservice activities industry had the lowest percentage of businesses currently trading, at 63%. This was followed by the administrative and support service activities industry and the arts, entertainment and recreation industry, at 75% and 76% respectively.

The accommodation and foodservice activities industry, and arts, entertainment and recreation industry had the highest proportions of their workforce on partial or full furlough leave under the terms of the UK government’s Coronavirus Job Retention Scheme (CJRS), at 34% and 22% respectively.

(source: Office for National Statistics, image: pexels)