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Wales Online
Wales Online
National
Bella Butler

Signs of small business recovery after chaos caused by the pandemic

BRITISH business is getting back on track – with resilient entrepreneurs up and down the country showing signs of recovery after overcoming the obstacles of the Covid-19 pandemic.

The past two years have seen half of small businesses suffer significant financial setbacks, with 54 per cent having to introduce new emergency revenue streams to survive the winter months after Omicron and supply chain troubles.

But according to a new ‘How to Recover’ report from Small Business Britain and TSB Bank, four fifths (86 per cent) of entrepreneurs are fighting back and believe their business will survive this year, despite half admitting financial stability has taken a hit.

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