Close to 1 million businesses run the risk of closure by April 2021

The latest information published by LSE’s Centre for Economic Performance (CEP) and the Alliance for Full Employment (AFFE) suggests that countless liquidations expected for UK firms as support programmes set to expire at the end of March and April.

CEP authors warn that without further help from further government support, business closures could be well over three times higher by the end of the first quarter of 2021 than the first quarter of 2019.

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