Originally written by Anna Jordan on Small Business
Nearly two thirds (58pc) of small business owners want lockdown to wrap up by the end of May.
Buckworths, the UK’s only law firm which works with start-ups and high growth businesses, surveyed over 500 SME owners and decision makers to gauge attitudes towards the government’s coronavirus measures and the economic impact of the ongoing lockdown.
The research found that 20pc of UK SMEs in the UK will not survive another month without another boost to their cash flow. This rises to a sizeable 62pc in Northern Ireland, 31pc in the West Midlands and 30pc in the East Midlands.
Boris Johnson could be announcing his exit strategy in the next few days and urgent action is needed. Over a quarter (27pc) of the businesses surveyed don’t think that the government funding will be enough for them to survive the effects of the pandemic.
The research showed that those in more affluent areas were more optimistic about the future of their businesses – only 14pc of firms in Greater London and 13pc in the South East are expected to close down by the end of May.
Financial difficulties are being compounded by a lack of support from landlords. Almost

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