As previously mentioned, at the start of 2019 there were 5.9 million businesses in the UK
98966/5900000 = 0.0166 = 1.7%
Survival Rates of UK businesses Born Between 2013 – 2017
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| Economy |
| Yelp data shows 60% of small businesses that closed during the pandemic have now shut their doors permanently and 97,966 firms in total have closed for good - with restaurants and bars among the hardest hit |
| 2020-09-18 |
| Posted by:Skidmark |
| #25 Thank you TW. |
| Posted by: swksvolFF 2020-09-18 23:22 |
| #24 swksvolFF’s Roundtable: |
| Posted by: trailing wife 2020-09-18 22:57 |
| #23 The short of it was, that we are responsible for our own actions. |
| Posted by: swksvolFF 2020-09-18 22:34 |
| #22 I'll find it tomorrow. |
| Posted by: swksvolFF 2020-09-18 22:32 |
| #21 Try again. |
| Posted by: swksvolFF 2020-09-18 22:22 |
| #20 I think Shemble means the link, she is broken. |
| Posted by: SteveS 2020-09-18 22:00 |
| #19 Why? |
| Posted by: swksvolFF 2020-09-18 21:45 |
| #18 Relinquish that link, plz. |
| Posted by: Shemble the Limpid2166 2020-09-18 21:31 |
| #17 Great round table, little over 1 hour. |
| Posted by: swksvolFF 2020-09-18 20:27 |
| #16 The destruction of credibility is going to be the worst loss. |
| Posted by: swksvolFF 2020-09-18 20:23 |
| #15 "But mah numbahs!" That dead horse was beaten to pieces long ago. Lies, now exposed, prove credibility earned is lost |
| Posted by: Frank G 2020-09-18 20:01 |
| #14 So lockdown has a higher business death toll than covid does on people. Snarf! That this can even be talked about... Trying to make the data fit the model is totally irregular. |
| Posted by: swksvolFF 2020-09-18 19:54 |
| #13 No it isn't. No model survives first contact with data. The fact that we are free to talk about the politics shows that the WuFlu is not as dangerous as sold. |
| Posted by: swksvolFF 2020-09-18 19:51 |
| #12 ^It's called seeing the forest, not just the trees. |
| Posted by: g(r)omgoru 2020-09-18 19:04 |
| #11 Person who does not understand how private sector business works gives us model on private sector survivability. Then expects us to take his WuFlu model seriously. |
| Posted by: swksvolFF 2020-09-18 18:48 |
| #10 Yes. Remember George McGovern's (!) comments after he was out of office and tried to start a small business. He had no idea government made it so difficult. How nice it would be to require 10-15 years in the private sector, preferably as a small businessman, before people could run for office. |
| Posted by: Tom 2020-09-18 13:49 |
| #9 Politicians have no idea how business works. They think they can shut down for a few months, then just go right back to normal. |
| Posted by: Iblis 2020-09-18 11:43 |
| #8 So, basically, the lockdown was a boon to small businesses? |
| Posted by: g(r)omgoru 2020-09-18 10:07 |
| #7 The 2 year shutdown rate on small business was about 50% when i started mine. But its was not unusual for small IT contractors to restart businesses every 2 years for tax reasons. |
| Posted by: Bright Pebbles 2020-09-18 09:49 |
| #6 Now, BP you disappoint me. I don't expect much from some of our fellow 'burgers. But, you should be able to use the above numbers to estimate that the annual business bankruptcy rate >> 1.7%. x(t) = x(0)*exp(- a*t) ==> a = {ln[x(0)]-ln[x(t)]}/t remember? |
| Posted by: g(r)omgoru 2020-09-18 09:31 |
| #5 So lockdown has a higher business death toll than covid does on people. |
| Posted by: Bright Pebbles 2020-09-18 09:12 |
| #4 Maybe we didn't need them. |
| Posted by: Skidmark 2020-09-18 09:01 |
| #3 ^ wtf? |
| Posted by: Lemuel Snimp7918 2020-09-18 06:11 |
| #2 97,966 firms in total have closed for good As previously mentioned, at the start of 2019 there were 5.9 million businesses in the UK 98966/5900000 = 0.0166 = 1.7% Survival Rates of UK businesses Born Between 2013 – 2017 |
| Posted by: g(r)omgoru 2020-09-18 04:32 |
| #1 Victims of government over-reaction to COVID. Just like most people dying with COVID died because their immune system over-reacted. |
| Posted by: Bright Pebbles 2020-09-18 03:52 |