Throughout the last few months, businesses have put themselves into survival mode as they try and combat the global coronavirus crisis. Some have rolled out pay cuts across their workforce, with senior leaders taking home less, while others have had to make the difficult decision to lay off staff as a result of business closures. Now with a second lockdown in place throughout England, non-essential businesses have once again had to shut up shop until December 2, when the new restrictions are set to come to an end. However, with recent research from Simply Business showing that almost one fifth (17%) of SMEs don’t think they’d survive another lockdown and would be forced to stop trading permanently if one came into effect, it’s clear that many business leaders will be concerned...
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