Our early analysis of the impact of Covid-19 on co-operatives alongside an identification of gaps in support and asks of government.
Like all businesses, co-ops are being hit hard by Covid-19. Our early analysis reveals that:
- One in two co-ops (48 per cent) report experiencing cash flow issues,
- Almost 40 percent are having to furlough workers in order to survive
- Looking to the medium-long term 70 percent of co-ops express concerns about the health of their business
Read our policy briefing for more impacts and what government must do to support co-ops.