One in five beauty salons and hairdressers could fold by the spring without further support, a stark industry report has warned.
Britain's 74,880 hair and beauty businesses saw turnover collapse by up to 57 per cent in 2020 and will have lost an average of £41,000 due to Covid-19 by the end of this year, new analysis for the National Hair & Beauty Federation shows.
It warns that 11 per cent will be 'acutely vulnerable to failure' if they remain closed until the end of March. This figure rises to 21 per cent if they stay shut until the end of April.
Cuts: The jobs of many hairdressers are 'acutely vulnerable' if lockdowns persist