Publication

COVID-19, business support and SME productivity in the UK

Published: 22 June 2021

ERC policy briefing

Associated Themes

• 
  Business Growth
• 
  COVID-19
• 
  Management and Leadership

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In this paper we consider how UK COVID-19 emergency public support measures – Furlough funding and loan guarantees – during the pandemic have influenced firms’ future investment intentions and
employee well-being. Both provide an early indication of potential effects on future productivity. Overall, we find widespread positive short-term impacts of the government support schemes on investment planning and smaller positive impacts on employee well-being.

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