13.5% of all UK businesses have temporarily closed or paused trading, during the lockdown, with 86.4% of workers in these businesses on furlough.
Since April we have seen politicians around the world trying to roll back on the panic created by the Corona Virus. The machinery of government and its institutions, particularly areas involved in health, led by the World Health Organisation, embraced the idea of pandemic and effectively shut down the world’s economy.
Pre-pandemic research found heightened risk from working under certain conditions such as in isolation away from friends and family; extended or shift-pattern working hours, in dangerous environments, under inadequate supervision or at risk from organisational change (restructure/redundancy)- a list that makes clear what may be driving this Covid related increase in consumption.
Our work, leisure and shopping habits as well as interpersonal relationships have all been subject to seismic shifts in a matter of months. Indeed, what consumers value has changed, so as we enter the inevitably severe economic downturn, retail businesses will have to navigate this transformed
Much as other industries including retail, aviation and automotive are making their case to the government for support following the pandemic, Universities UK has similarly petitioned government for a Coronavirus rescue package…
It is imperative that the public are informed in a cogent, digestible and evidence-based manner on how best to limit new infections as the economy begins to get back on track. In the absence of clear, authoritative information that