Buckinghamshire LEP, working in partnership with Buckinghamshire Business First and Buckinghamshire Council, is gathering and analysing evidence of the economic impact of the COVID-19 pandemic on the Buckinghamshire economy.
This report is a working document that is updated over time.
In summary (from the last update on July 19th 2021):
- The local economy is slowly continuing to recover from the disruption of the COVID-19 pandemic
- There is a slow increase in both the proportion of businesses that are trading and businesses that have permanently ceased trading
- The proportion of firms with cash reserves of three months or less is slowly decreasing
- Just under one third of firms report lower than normal turnover for the time of year, down from around 60% in June 2020
- Around a third of the workforce are estimated to be working remotely
- The number of residents claiming out-of-work benefits fell in May to the lowest levels in 12 months
- Job postings are at their highest level for over a year
- Journeys to retail / recreation centres are now only about 10% below pre-pandemic levels
Last updated: 19/07/2021
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