Businesses need to remain agile and alert as COVID-19 evolves

Where to go for information

Various bodies have warned COVID-19 could be the biggest risk to the global economy since the 2008 financial crisis. Estimates suggest the outbreak could:

  • reduce GDP by 0.5%
  • halve global growth in 2020
  • increase workforce absence by 20%.

While some industries will be more affected than others, all firms will feel the impact.

Manage the impact of COVID-19 on your business

As the situation changes businesses need to remain agile and alert. We can support you to manage many of the impacts of COVID-19 on your business.

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“The government is rightly recommending that businesses focus on resilience during this unprecedented outbreak of COVID-19. The uncertainty and speed at which this issue is developing requires business to fully open up communication channels with suppliers, customers, funders, employees, advisors and other key stakeholders to generate resilience and develop plans to succeed once the threats of the pandemic have passed.”

Dave Munton, Head of UK Markets and Clients

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