Report on the Business Impact During the UK Lockdown Period

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Added on  2023/01/04

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AI Summary
This report examines the business impact of the lockdown in the United Kingdom due to the COVID-19 pandemic. It highlights the negative effects on various sectors, including decreased sales, job losses, and reduced profits. The report analyzes how businesses struggled to maintain operations, leading to workforce reductions and a decline in overall economic activity. It emphasizes that the inability of businesses to operate normally significantly impacted the nation's economy, as many individuals lost their jobs due to companies' financial constraints. Ultimately, the report concludes that the lockdown had a detrimental effect on businesses across the UK.
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Currently very country is experiencing
unpredictable crisis due to COVID 19 this situation
get worst when government implement lockdown
in order to minimise the enhancement of COVID
19. But during this very sector business in United
Kingdom experiencer loss due to no business
operations. The respective poster is based on
analysing the how business impacted during the
lockdown in United Kingdom.
MAIN BODY
Lockdown impact on the businesses of United
Kingdom in different form which leads to decrease
in sales, loss of job, decrease in profit and many
more. In this the main on business is related to loss
of staffs due to which after lockdown companies
not able to conduct operations properly.
In respect of this graph, it show that after lockdown the
business revenue start decreasing and this started take
place from March 2020.
CONCLUSION
By conducting evaluation of above mentioned topic it
can be summarised that in United Kingdom every
business get impacted negatively during lockdown due
to COVID 19. This is generally take place as
businessman not able to conduct their business
operation as well as this situation also directly impact
on the economy of nation. It is so because during this
numbers of people loss their job as company didn’t
able to pay them.
According to this graph during lockdown during
COVID 19 all level staffs loss their job in every
business. This is generally take places due to low or
minimum earning of the business such as according
to data in January 2020 all industry weekly earning
is nearby £975. Due to this companies need to
conduct employees cut off.
Business impact during the Lockdown in the UK
INTRODUCTION Business impact during lockdown
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