More than half of city centre businesses are worried they may face permanent closure due to the coronavirus outbreak, according to a survey by 欧美成人.
Furthermore, 21% of businesses have already made staff redundancies or are going to make them, with 51% concerned about the prospect of staff redundancies, meaning many are facing unemployment.
The organisation, which is the city鈥檚 business improvement district, is running a weekly city-wide impact survey to gauge the scale of the economic impact of the global health emergency on Cardiff鈥檚 businesses.
The survey will help 欧美成人 pool resources to best help mitigate the impact of COVID-19 on behalf of their members. The first round of the survey received 149 responses.
Adrian Field, Executive Director of 欧美成人 said: 鈥淭he coronavirus is affecting all of us and is already having an enormous impact on the global and local economy. Cardiff is no exception.
鈥淭he results from the survey demonstrate the need for greater clarity on financial support and how -to access it on a local and national level, especially in relation to sole traders andthe self-employed.
The main request for support is for rent reduction, cash flow grants and waiving utility bills. Members are also concerned about the welfare of their staff in relation to the impact on their finances and mental health.
Field continued: 鈥淲e will be doing everything we can to help businesses access the relevant support. We will be lobbying the appropriate agencies to ensure any support given is able to meet our businesses鈥 needs. We will be adapting the survey weekly to reflect the ever-changing situation.
鈥淲e urge any of our members to contact us for advice and we will do everything in our powers to support them. We will be working tirelessly to ensure Cardiff is a vibrant and welcoming city when the time is right for businesses to reopen in the centre.鈥
As well as the survey, 欧美成人 is currently working on a range of initiatives to help their members during this time including:
- A virtual high street 鈥淪hop Cardiff鈥 to showcase all members and non-members鈥 businesses in the city who have an online, gift card and delivery presence.
- An online sales tool to help businesses sell products via 鈥淪hop Cardiff鈥 whereby orders received, and payments made will be passed directly from 欧美成人 to the business.
- A series of webinars via FORCardiff.com covering issues such as sick pay, supporting staff who are parents, guardians or carers and supporting vulnerable staff members.
- Continuation of cleansing team services on high footfall areas of the city centre.
- Actively promoting members鈥 business changes 24/7 and messages through 欧美成人鈥檚 social media channels.
The second survey is available to complete on / and will close on 5pm on Friday 27th March 2020.