Originally written by Ian Currie on Small Business
As the UK covid-19 situation gets ever more parlous, it somehow feels counter intuitive to turn our minds to how the country will bounce into a recovery. However, as the fantastic work of our scientists and the government’s scaled-up vaccination roll-out both bring new hope, that is exactly how we must plan. The sheer will and fighting spirit of the UK population will at some point turn the tide for our beleaguered businesses. Hope and optimism are commendable traits, but where and when do the seeds of recovery begin to reveal themselves?
For months there has been a litany of bad news, with not only unemployment figures rising but reports of many businesses hanging on by their fingertips only surviving due to the vital infusions of vast financial support provided by UK government. We all know it cannot go on at these stratospheric levels, and whilst in the short term there are few alternatives, the medium and longer-term prognosis requires different thinking if our recovery is to be sustained.
If we accept that government handouts must soon come to an end, then they must be replaced with a very serious investment programme – a platform