As if things were not bad enough, with the U.K.’s government announcing fresh restrictions in an effort to stem the advance of the long-anticipated second wave of the coronavirus, research published this week reveals many of the country’s businesses to be in pretty bad shape. The report by Goldsmiths, University of London in partnership with the technology company Microsoft finds that more than half of organizations surveyed have seen a decrease in revenue this year compared to last year, with more than one in five experiencing a drop greater than 15%. The same proportion had to scrap an existing business model within days of entering the lockdown announced in March, with 45% of leaders questioned expecting their current business
by: Mary Willkom, Inside INdiana Business
Posted: / Updated:
TERRE HAUTE, Ind. (Inside INdiana Business) – The West Central Indiana Business Hub COVID-19 Response Team is reopening a business assessment survey related to COVID-19 recovery. The Terre Haute Chamber of Commerce says the team is working to refresh data, assess the current and new needs of the business community and continue recovery efforts.
The business hub and response team were launched in April. The initiatives have two main goals: to create a centralized response team to address questions from the business community and capture community data regarding specific concerns and financial loss.
“Early on, we had a great response for the business community on their needs and questions, but the work is far from finished,” Chamber of Commerce president Kristin Craig said. “We need to update