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https://www.bbc.co.uk/news/business-55827348Published by: BBC NEWS on 28 Jan 2020
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Nottingham restaurant owner George Ktori is doing just 10% of pre-pandemic sales More than 900,000 small businesses are at risk of going under, according to new research backed by former Prime Minster Gordon Brown. For business owners like George Ktori, time is running low as he is still payingbills despite his restaurant closing its doors.
"We are very worried about how we can survive," he said.
His staff includes husbands and wives who work together, and who will both lose their jobs if his firm collapses.
"The hardship is not just for us, it's for everyone," he said.
As support schemes like furlough and business loan programmes end, companies are at risk of insolvency, according to the Centre for Economic Performance (CEP), external at the London School of Economics and the Alliance for Full Employment (AFFE).
Companies with 10 staff or fewer are particularly close to the edge, said the report.
"If we are to save good small businesses that are innovative and forward [...]
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