14% of British companies say they have low or no confidence they will survive the next three months according to a survey published by the Office for National Statistics this morning.

Across all industries, of businesses that have not permanently ceased trading, 40% had moderate confidence that their business would survive the next three months, and 14% had low or no confidence of the same. Conversely, 40% said that they had high confidence.

The ONS also estimated that 9% of the workforce was on furlough leave during the two weeks to Nov. 1 in its Coronavirus and the latest indicators for the UK economy and society survey.

The survey found that  proportion of British adults shopping for things other than food and medicine decreased by half to 10%, the lowest level since mid-June 2020 and the volume of all motor vehicle traffic was 22 percentage points below the levels seen on the first Monday of February 2020.

The accommodation and food service activities industry had the lowest percentage of businesses currently trading, at 63%. This was followed by the administrative and support service activities industry and the arts, entertainment and recreation industry, at 75% and 76% respectively.

The real estate activities industry and the administrative and support service activities industry had the highest percentages of businesses permanently ceased trading, at 6% and 5% respectively.

28% of the workforce were working remotely instead of at their normal place of work while 60% of the workforce were working at their normal place of work

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