By Rebecca Sheppard
A sharp rise in COVID-19 cases has led to a second national lockdown. But to what extent does a national lockdown threaten small businesses?
According to ITC’s COVID-19 Business Impact Survey (2020), 60% of small businesses are struggling to cope with the negative effects of the global pandemic. However, it is much more damaging for SMEs, with 21% of them reporting the risk of shutting down within 3 months.