Millions of firms face cash-flow crisis as coronavirus lockdown bites

Most firms only have up to three months’ cash in reserve and cannot wait much longer for Government help if they are to survive the coronavirus lockdown, a new study suggests.

Research by the British Chambers of Commerce (BCC) indicated that almost one in five firms have less than a month’s worth of cash and 44% have only three months’ worth.

The survey, which questioned around 600 business,…

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