The tougher restrictions in the UK is causing an economic collapse.

The tough restrictions that have been placed are causing an economic downturn.

The new restrictions risk hurting a huge percentage of the economy. Those who work in the UK’s hospitality and leisure industries are going to face an uncertain future as the UK government continue to force new restrictions. The closing of pubs and restaurants is due to cause an economic damage, leaving citizens unemployed.

Recent business surveys show that businesses affected by the Covid 19 pandemic has led to the government owing them the average of over £11,000 and other small businesses have been struck harder than others.

Pubs and restaurants that are designated in tier 2 areas will be able to remain open. However, they do face a reduction in trade as people are only allowed to go out with members of their households. Which is leaving small business risk having less customers then per usual.

Before the Covid 19 pandemic, in the uk over 6 million small businesses employed more than 16 million people as small business statistics show.

During this predicament, consideration should be given to improve welfare support. Larger businesses also have a role to play too, as this will help suppliers to survive during this pandemic. However, not every business can be saved but government are trying their best to help recover the economy by providing grants and funding for businesses at risk, such as: the coronavirus job retention scheme has been extended until 31 October 2020 to help employers with their transition back to work. This will include the government paying 60 per cent of their wages up to £1,875 and employers will pay 20 percent of wages to make up 80 percent total up to £2,500.