One in seven businesses and one in three hospitality businesses in the UK have no or low confidence that they will survive the next three months, according to the latest official survey data.
The Office for National Statistics (ONS) on Thursday published the results of its latest biweekly business survey for the period between Oct. 19 and Nov. 1, finding just under 82 percent of all businesses were trading, 16.5 percent were temporarily closed or had paused trading, and 2 percent had closed permanently.
