Some 9% of business leaders expect their companies not to continue if Chancellor Rishi Sunak does not announce further support in the Budget next week (Wednesday 3 March), according to research.
The CGA Business Leaders’ Survey 2021, which was sponsored by Fourth and conducted in collaboration with UKHospitality, the British Beer & Pub Association and the British Institute of Innkeeping included 726 respondents.
Additionally, just over a third (37%) stated their businesses could return to profit this year without new support.
However, there were levels of optimism in the survey with about half (51%) stated they were confident about prospects for the sector over the next year – more than three times the number who felt that way in November last year (14%).