Impact of Lockdown on UK Businesses: Before, During and After

As whole world faced the situation of Pandemic
(Covid-19) that has led to a dramatic loss of
human life and affected the business sector.
During Pandemic government has declared
lockdown where it became challenging for
organization to regulate its business. The
discussion of report is about business impact
during the lockdown in the UK, also consider
before and after.
During Lockdown – Lockdown has impacted
businesses negatively as government put restriction
to operate their business from workplace that
directly affected manufacturing, transportation,
selling, marketing, hospitality industry, shopping
malls and others. No one is allowed to go in other
location where it became difficult for offline
businesses to operate their business. The statistics
states that it also impacted on people wellbeing
such as furlough, finances, work stress, and job
security that affected their daily life in UK. The
economic condition of UK decreased during
lockdown and people were losing their jobs. The
providence of the 48% of UK workers who work
in small businesses is closely tied to the resilience
of the small business ecosystem to the massive
economic disruption caused by the pandemic. Only
55% businesses have used new technology while
working such as work from home, and any time
work with the help of system that supported some
employees to continue their working and develop
the economy.
Due to COVID-19, Millions of businesses
faced an existential threat as their business
activities has been reduced. The death rates
during the situation increasing day by day that
affected the business negatively. This affected
the organizational productivity as well as
performance. The impacts of business before,
during and after lockdown is defined below:
Before lockdown- The businesses was running
effectively in changing environment before the
situation of pandemic as it brought changes, new
trends and lifestyle that followed by people and
lived happy. This contributed in economy of UK
as many small, medium and large businesses
established by understanding the demand of
customers that supported to become a developed
country. Before lockdown, there were many job
opportunities for people who performed well by
using skills and abilities. The market condition
was good and business concern was planning to
establish their own business or grow it in other
location that could help to improve business
productivity.
Impact on Lockdown on UK businesses
INTRODUCTION