UK businesses give their verdict on the government’s handling of coronavirus
We asked our users about how they are coping, where they need more support, and how they feel about the UK government’s response to the crisis
Over the past five weeks – roughly the same amount of time the Startups team have been working from home – we’ve been polling our readers in order to better understand how coronavirus is affecting them.
We asked our users about how they are coping, where they need more support, and how they feel about the UK government’s response to the crisis. We received over 900 responses, which paint a troublesome picture of a small business landscape which has quickly been turned on its head.
UK business response to government schemes
In the last five weeks, the UK government has introduced several schemes and rulings to support small businesses throughout the coronavirus outbreak. However, while the level of support being offered is unprecedented, the number of businesses benefiting from them is very low – this raises question marks over their effectiveness, and whether they have been designed to adequately address the obstacles being faced.
At the same time, figures revealing the number of applications for the schemes announced – and how many have been accepted – have raised questions over how accessible the options are, and whether or not they are fit for purpose.
55% of the users polled said that the UK government has not been clear in its communication with businesses – perhaps one reason for the lower than expected uptake of the support being offered.
Does the UK government care more about big or small businesses?
As a part of our survey, we also asked users for their opinion on which parts of the UK economy the government cared about most.
44% of people felt that the government cares about big business most, with just 13% believing that the government cares more about small business; the remaining 42% believed that both big and small business were cared for equally.
When asked about how much the government cares about small business, only 27% thought it cared a lot, with 17% saying it didn't care at all. The remaining 55% of users felt that the government cared a little about small business.
A smaller group of users was also asked about the government feelings toward freelancers – and gave a much starker response.
Only 13% of people felt that the government cared a lot about freelancers, while 37% felt that the government did not care about them at all.
Where do UK businesses need help?
In our poll, we also wanted to know where businesses felt they needed more help. The answer was overwhelmingly in finance, with 68% of users saying that they needed more support in this area. 22% said they needed more support with employees, with the remaining 9% citing a range of other requirements.
UK businesses' biggest worries
When asked about the most upsetting part of the pandemic for users’ businesses, there were a range of responses.
52% are finding the impact on business to be the most upsetting part of the pandemic, with 20% pointing to the impact on family, 11% highlighting the impact on staff, and 10% the impact on customers. The remaining 4% cited a combination of all factors.
What support is available?
Over the past 5 weeks, the Startups team have been busy pulling together a series of articles that provide easy access to the schemes available. You can find a summary page here: Coronavirus small business advice.
If you'd prefer more detailed advice on any specific scheme, take a look at our series of articles to get the right information:
- Coronavirus small business grants
- Coronavirus job retention scheme
- Coronavirus business interruption insurance
- Creative business responses to coronavirus
- Coronavirus statutory sick pay refund
- Coronavirus self-employed income support