Published: 9th Dec 2020

Businesses in London have been most impacted by the Covid-19 pandemic, with commuters and visitors avoiding trips to the capital, according to a new study. A report by the Centre of Economics and Business Research (CEBR) has led to the creation of the Covid-19 Business Impact Tracker, which looks at how businesses have coped with tougher trading conditions as a result of the pandemic. Commissioned by energy supplier E.ON, the tracker started with a baseline score of 98 at the beginning of the year while under normal economic conditions. The data indicates London appears to be feeling the longer-term effects most significantly – averaging a score of 47 over that late summer and early autumn period. Wales saw the biggest decline in business activity in October, dropping five points on the Tracker, from 54 to 49, as it headed into its ‘firebreak’ lockdown in the month before England entered its second … (To read the full article, subscribe below)