More than 1m businesses have warned that they could not survive another three months of the coronavirus lockdown, after the prime minister last night announced some changes to the restrictions.
More than 250,000 businesses said they will not be able to survive if trading conditions remain as they are for another month, according to the latest research.
In total 1.1m firms said a further three months would put them out of business.
One in six firms will need at least a year to recover, dampening hopes of a quick bounce back, and UK gross domestic product (GDP) is forecast to remain below 2019 levels until 2022.
The research by Cebr and Opinium was published as the prime minister last night announced modifications to the UK’s coronavirus lockdown…