As the tourism sector holds on for the 12 April announcement on international travel, effective cashflow support has been frustrated by late payments, hammering the “final nail in the coffin” for some travel agencies.
Getting back to business after lockdown
With lockdown restrictions beginning to lift, ICAEW Insights speaks with financial professionals from three hard-hit sectors - travel and tourism, hospitality and retail - to hear their views on the return-to-work roadmap, along with their blueprints for kickstarting business.
From car park beer gardens to hotel business meeting rooms, ICAEW Insights explores how COVID restrictions triggered hospitality’s “entrepreneurial spirit”.
ICAEW Insights speaks with a retail CFO about the “battering” coronavirus has dished out to the sector and the “huge bounce back” he expects to see in revenues as the economy opens up.