"Eight out of ten" firms to furlough staff because of Covid-19

You are viewing content from Q North Coast 97.2. Would you like to make this your preferred location?

By Q Radio news

Almost 80% of businesses in Northern Ireland plan to furlough some or all employees over the next week - as revenues plummet and cash reserves run out.

A survey has found three quarters of firms reported a serious decline in sales or income, over a very short period of time, following the pandemic.

Coronavirus has devastated many local businesses across the province, as well as the hospitality industry.

Chris Morrow is Head of Policy at Northern Ireland Chamber of Commerce and Industry:

 

 

Join the Thank Q Club

Sign up for the Thank Q Club and receive exclusive offers, fun competitions and amazing prizes - it's quick and easy to do!

Sign Up Log In

Listen on the go

Download the Q Radio app to keep listening, wherever you are! It's available on Apple and Android devices.

Download from the App Store Download from Google Play