SMEs fear second lockdown, Virgin Money survey reveals

Virgin Money, clydesdale bank

An estimated 35,070 Scottish small and medium-sized enterprises believe it is likely their business could close permanently in the next 12 months as a result of the coronavirus crisis, Virgin Money has concluded from recent survey findings.

According to the research, published in its latest business pulse report yesterday, this figure would rise to 54,776 in the event that a second national lockdown were introduced.

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