Impact of Pandemic on Business Sectors in UK

Global Business
Environment

TASK
2 A- Business sectors which will prosper and struggle in future in United Kingdom:
How business is affected by Pandemics-
The following articles tries to explain the impact of pandemic in both positive and negative
aspect on the industrial sector. In the country of United Kingdom the industrial system has
faced a lot of major issues due to the spread of Covid19 due to which it has now entered into
new business ventures with the EU group(Adeyemi, 2018). Covid19 had a fatal change for the
some sectors of the industry which led to losses in the longer run while some prospered and
benefited from it. However there are different methods inculcated which help in economy
enhancement for the various enterprises.
The two different aspects are discussed below which provide in-depth understanding of the
industries in UK-
Major sectors which are emerging and getting successful-
These sectors have grown the demand among the youth and the new job seeking people who are
looking towards shifting their sectors so that they can earn more and can remain successful in
future to enjoy a life which provides security (Balawejder, Sampson and Stratton, 2021) .
 Medicine and Health sector- The pandemic of Covid19 showcased and turned the
focus of the nation towards providing healthcare facilities to the masses which were
lacking till now. This period resulted in the increased demand of the healthcare
professionals and brought to light the importance of having medical facilities with
proper technologies and practitioners who can assist the people in the time of need.
Door to door services of the medicine started and prospered within no time. This is the
reason that this sector has a lot of scope for the coming future because of the reason that
the pharmaceutical companies are now innovating in fighting different viruses. For
example, the AstraZeneca company has collaborated with more than 20 partners in order
to produce vaccine which has helped it gain huge profits.

 Stock Markets operating online- The stock market on the digital medium has gained a
lot of popularity during Covid19. It is increasing with speed due to its increasing new
users who are increasing their interest in investing and trading their part time pays
online(Comber, 2020). This interest has emerged after the buying and sale of shares on a
lower price started due to which this sector is really prospering and gaining identity
among the market. This sector is expected to rise further by 15% in the coming five
years.
 Online delivery of groceries and food items- There is a sudden shift seen in the
behaviour of people while buying food items, they are now opting for online delivery of
these services. The lock-down of eateries and restaurants made the owners choose
delivery options by using medium of internet to reach out to their consumers. This new
step has proved to a boon due to the increased demand emerging among the market. For
example, Uber Eats, Deliveroo prospered due to this pandemic and are expected to grow
even more in the coming time in future due to individuals now preferring to order and
eat then to go physical to a place (Comunian and England, 2020).
Sectors which saw a downfall due to the pandemic in UK-
Most of the sectors have suffered in some or the other way due to Covid19 due to shutdown of
the physical stores and lockdown in certain industries.
 Airlines Industry- The aviation industry has witnessed a major downfall due to
lockdown during pandemic which stopped the transportation by the air medium. The