Published today this ERC rapid review Insight paper considers the existing evidence on the business effects of pandemics, with a particular focus on the impact on small and medium enterprises (SMEs). Evidence from previous pandemics is reviewed, and in addition, we provide an overview of early assessments of the emerging evidence on the business impacts… Read more
Wired.co.uk This is how coronavirus will upend the economy over the next year FT Online: Coronavirus claims thousands of UK businesses The Times: ‘Pincer movement’ threat to economy Reuters: UK company closures jumped in March as COVID-19 crisis grew MailOnline (from Reuters): UK company closures jumped in March as COVID-19 crisis grew The New York… Read more
Earlier this week a report from the Institute for Fiscal Studies highlighted the vulnerability of different groups of the population to unemployment following the current crisis. Businesses also vary in terms of their crisis planning and resilience, and research has shown that SMEs are less likely to connect risk identification and business planning activities, which… Read more
Critique and Proposals to Develop More Comprehensive and Inclusive Support for the SelfEmployed. Research Report. April 2020 Birmingham Live: Coronavirus crisis could mean 100,000 jobs lost around Birmingham, expert warns Radio Interview on You-Tube Telegraph : Blackhole of financial support threatens to ‘decimate’ generation of entrepreneurs Mirror : Seven million workers to be paid by… Read more
Lack of provision for most vulnerable self-employed in measures announced by the UK Chancellor last week threatens to “decimate a whole generation of early-stage entrepreneurs”, report authors say. More than 750,000 self-employed people in the UK could miss out on Government support during the coronavirus pandemic, a new analysis has shown. The findings from… Read more
Over the last few days we have seen some inspiring and innovative responses to the Corona Virus crisis by UK firms and universities. The JCB-Dyson collaboration to produce ventilators and the UCL-Mercedes AMG collaboration to develop other breathing aids are outstanding examples. Necessity is the mother of invention after all. But what of the wider… Read more
As in the UK, significant parts of small and medium-sized enterprises (SMEs) in Germany are affected by the corona virus pandemic. In this difficult economic situation, the Federal Government in Germany has sent a very positive signal with its comprehensive support measures targeted not only at large corporations, but also at medium-sized, small and micro… Read more
Given last week’s government announcement of the stimulus bill meant to mitigate the effects of the COVID-19 crisis on the UK economy, it is important to recognise the implications for women broadly, and self-employed women more specifically. Such bills are notoriously gender blind, thus discounting the impact on the extent to which self-employed women are… Read more
After a wait that felt like an eternity, self-employed people finally got some clarity yesterday (March 26th) on how the Government intends to support them during the coronavirus pandemic. Chancellor Rishi Sunak’s Self Employment Income Support Scheme (SEISS) was more generous than many expected. The headline is that self-employed people will be able to claim… Read more
With the COVID-19 pandemic threatening to shut down the economy, we’re working with Aston Centre for Growth to turn the podcast’s attention towards how SMEs are dealing with the crisis. This special series is called ‘Aston means business: SMEs dealing with COVID-19’. In each episode, we’ll be talking to current and previous business participants in… Read more
The business effects of pandemics
Published today this ERC rapid review Insight paper considers the existing evidence on the business effects of pandemics, with a particular focus on the impact on small and medium enterprises (SMEs). Evidence from previous pandemics is reviewed, and in addition, we provide an overview of early assessments of the emerging evidence on the business impacts… Read more
April 2020 Press Coverage
Wired.co.uk This is how coronavirus will upend the economy over the next year FT Online: Coronavirus claims thousands of UK businesses The Times: ‘Pincer movement’ threat to economy Reuters: UK company closures jumped in March as COVID-19 crisis grew MailOnline (from Reuters): UK company closures jumped in March as COVID-19 crisis grew The New York… Read more
London firms lead other European cities in crisis planning
Earlier this week a report from the Institute for Fiscal Studies highlighted the vulnerability of different groups of the population to unemployment following the current crisis. Businesses also vary in terms of their crisis planning and resilience, and research has shown that SMEs are less likely to connect risk identification and business planning activities, which… Read more
Press Coverage : Covid19:
Critique and Proposals to Develop More Comprehensive and Inclusive Support for the SelfEmployed. Research Report. April 2020 Birmingham Live: Coronavirus crisis could mean 100,000 jobs lost around Birmingham, expert warns Radio Interview on You-Tube Telegraph : Blackhole of financial support threatens to ‘decimate’ generation of entrepreneurs Mirror : Seven million workers to be paid by… Read more
750,000 self-employed miss out on UK coronavirus support – study
Lack of provision for most vulnerable self-employed in measures announced by the UK Chancellor last week threatens to “decimate a whole generation of early-stage entrepreneurs”, report authors say. More than 750,000 self-employed people in the UK could miss out on Government support during the coronavirus pandemic, a new analysis has shown. The findings from… Read more
Covid-19 and the implications for future innovation
Over the last few days we have seen some inspiring and innovative responses to the Corona Virus crisis by UK firms and universities. The JCB-Dyson collaboration to produce ventilators and the UCL-Mercedes AMG collaboration to develop other breathing aids are outstanding examples. Necessity is the mother of invention after all. But what of the wider… Read more
The duration of the economic restrictions is decisive for the German Mittelstand
As in the UK, significant parts of small and medium-sized enterprises (SMEs) in Germany are affected by the corona virus pandemic. In this difficult economic situation, the Federal Government in Germany has sent a very positive signal with its comprehensive support measures targeted not only at large corporations, but also at medium-sized, small and micro… Read more
‘Stay Home’ and Work? Implications of COVID-19 and the UK Governmental Response for Self-Employed Women
Given last week’s government announcement of the stimulus bill meant to mitigate the effects of the COVID-19 crisis on the UK economy, it is important to recognise the implications for women broadly, and self-employed women more specifically. Such bills are notoriously gender blind, thus discounting the impact on the extent to which self-employed women are… Read more
Sunak’s self-employed support is welcome – but here’s five ways to improve it
After a wait that felt like an eternity, self-employed people finally got some clarity yesterday (March 26th) on how the Government intends to support them during the coronavirus pandemic. Chancellor Rishi Sunak’s Self Employment Income Support Scheme (SEISS) was more generous than many expected. The headline is that self-employed people will be able to claim… Read more
ASTON MEANS BUSINESSS – SMEs dealing with COVID
With the COVID-19 pandemic threatening to shut down the economy, we’re working with Aston Centre for Growth to turn the podcast’s attention towards how SMEs are dealing with the crisis. This special series is called ‘Aston means business: SMEs dealing with COVID-19’. In each episode, we’ll be talking to current and previous business participants in… Read more
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