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Small Business Struggles in Lockdown

@peter_IFAMAG reads Twitter so you don’t have to.


The Coronavirus lockdown has been a trying time for small businesses. The infastructure behind government relief is said to be lacking. Overwhelmed by the crisis the HMRC has suspended all enquiries into taxpayers and businesses under investigation.

@claerB has promoted a small business clinic for those who need questions answered. This is a helpful resource for those business owners struggling to find answers with their questions being relayed to government officials.

These Tweets have been made today as the The Guardian highlights that a meagre 1.4% of relief applicants are successful.

Business Insider published 7 ways that the UK tech industry may evert disaster.


The Office for Budget Responsibility has released a worrying outlook for the UK economy. This projection suggests, in terms of growth and borrowing, the UK willl be worse off than after 2008 financial crash.


Considering the news from today debates are being held around reopening the economy. This response from @SimonNeville is part of an interesting conversation started by @hwallop.

 

Let us know what your thoughts are on these tweets.

Tweet your responses to @peter_IFAMAG

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