balances

Business balances getting back to work with fears of a second Covid spike

The hospitality sector would be hit even harder by a second lockdown, experts believe, with high profile businesses such as Carluccio’s and Chiquito already having collapsed. 

“There’s no easy answer,” said Alasdair Murdoch, chief executive of Burger King in the UK, who is focused on making sure the business has enough cash. 

“A second wave would be fairly disastrous for the economy – we’d just go back to where we are now. 

“Our ability to close under lockdown would be quicker because we’ve done it once before but it’s clearly not something we want to do on any level.”

Non-essential

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