Business Impact During Lockdown in the UK: A Study of Quarterly Data

This study analyzes quarterly data to understand the impact of COVID-19 on businesses in the UK during the lockdown. The data shows a decline in business growth and investment due to uncertainties related to COVID-19 and Brexit. The study recommends that companies adopt effective strategies to overcome the negative impact of COVID-19 and achieve higher growth rates.

Business impact during the lockdown in the UK
INTRODUCTION
Coronavirus pandemic has an impact on the events in which it came , especially on the
business and economy. It is basically dependent on the various responses from
assorted sources. It is already known that business is not stopping its transactions but
the business is declining according to the records of covid-19 pandemic. covid-19
hatchery has a strong impact on cancelling handling the investment which hinders the
major growth and different perceptions which are mainly associated with the
investment and Brexit in the United kingdom. This is one of the challenges for the
United kingdom businesses which has led to the slower growth of the company in the
business environment.
INTERPRETATION
According to the records of quarterly acquisition and disposal of capital assets survey,
it has provided the important insight about the growth of the business investment in
order to make the proper decision making in the company. The impact is 11.6%
growth in quarter 1 which is uncertain. Moreover, it has resulted that many of the
businesses are dealing and cancelling their record investments so that they can
proceed to the growth. In 2018 there is an uncertainty rate of 18.6% and in 2021 it will
increase to 39.6%. Moreover, this is the major reason for during the investment in 8.6
% of most of the cases and felt the major impact due to coronavirus and other Brexit
issues which also has resulted in 3.4 % of growth in quarter 1 of 2021. 8.1 % of
growth are related in 2020 and quarter to and the highest uncertainties associated
with the 59.6% in 2020 which was recorded in the quarter 2 worldwide lockdown
SUGGESTIONS AND RECOMMENDATIONS
Covid-19 outbreak has impacted many people and organisations to work effectively
and grow the economy. It is important for the industries to consider major challenges
and achieve higher rates to gain strategies in order to overcome the negative impact of
covid-19. There are many companies who are working effectively and have achieved
good practices with good leadership to grow the companies. It is recommended and
suggested that the company must pay hi to the workers so that they can work
productively and overcome the major challenges so that the growth and expansion of
the company can be done in a potential manner.
OBJECTIVE
The objective of the current discussion is to collect the reliable data of the company which has a
great impact at the time of lockdown in the United kingdom. The current objective is helpful for
the investigator in order to gain the effective business view so that it can be able to render the
information which aids the organisation to develop the opportunities in future.
RESEARCH METHODOLOGY
Research methodology helps in collecting the information on the research topic of
impact of covid-19 on the United kingdom which is based on the business and
secondary data methodology used by the investigator. This data is helpful because it is
collected from different sources and has provided the relevant information in the
successive growth of the entire project. This data collected is in the form of quantitative
research methodology which is associated with the charts and graphs along with the
Malik information in appropriate and proper manner. These are the methods which help
the investigator to understand and analyse the current situation so that the collected
data can prove effective and efficient for the current research.
Quarter %
2017Q4 11.6
2018Q1 11.7
2018Q2 11.6
2018Q3 12.0
2018Q4 18.8
2019Q1 20.1
2019Q2 18.6
2019Q3 21.2
2019Q4 21.7
2020Q1 42.9
2020Q2 59.6
2020Q3 49.1
2020Q4 37.8
2021Q1 39.6
2017Q4
2018Q1
2018Q2
2018Q3
2018Q4
2019Q1
2019Q2
2019Q3
2019Q4
2020Q1
2020Q2
2020Q3
2020Q4
2021Q10
10
20
30
40
50
60
11.6 11.7 11.6 12
18.8 20.1 18.6 21.2 21.7
42.9
59.6
49.1
37.8 39.6
Percentage
REFERENCES
Online
Business investment in the UK: January to March, 2021. [Online]. Available
through:<
https://www.ons.gov.uk/economy/grossdomesticproductgdp/bulletins/busines
sinvestment/januarytomarch2021provisionalresults
>. {Last accessed on 17th November 2021}
CONCLUSION
It is concluded that there are many businesses which are impacted because of the covid-19
pandemic. There are many industries which are facing the situation but are working effectively in
order to gain stability in the marketplace. The current poster concludes with the information that
the different industries are suffering from uncertainties in the market of the United kingdom which
are especially at the stage of shutting down. It is determined that the organisation has faced the
major difficulties during this phase and it is suggested that they should adopt right strategies as
per the needs and requirements of the economy.