B
Evidence Grade B
Graded
accuracy verified by the review judge
Safe to Cite
Dated
46%
46% -- revenue decline rate for UK small businesses (2020-04)
46% of UK small businesses have already seen a decline in revenue due to the COVID-19 crisis.
Attribution:
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Lighthouse Research Team
Last verified:
·
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Source verified
Evidence graded
Value
46%
Unit
Percentage
Data Vintage
2020-04
Entity
Geography
UK
Evidence Quality
B
Strong, reliable evidence
Sourced from a well-regarded research firm or industry leader with transparent methodology and a reasonably large sample.
Single source - not yet corroborated
Score breakdown
Extraction
95
Source Trust
60
Citation Chain
20
Independence
30
Methodology
45
Freshness
95
Source
Savanta
Primary
Tier A
https://savanta.com/knowledge-centre/view/only-six-in-ten-small-businesses-confident-they-will-survi… ↗
Source Article
Only six in ten small businesses confident they will survive the COVID-19 crisis - Savanta
Coronavirus business tracker, April 1st 2020
Our new coronavirus tracker for UK businesses shows the extent of worry among employers about the future of their organisations
The vast majority of medium and large businesses (91%) plan to permanently change their business practices as a result of the c…
Original Research
Savanta
· Original study ↗
Methodology
Savanta bi-weekly coronavirus business tracker survey
Methodology documented
Segmentation
Industrymarketing
Company SizeSMB
RegionUK
Cite this stat
Plain Text
UK small businesses: 46% revenue decline rate. Source: Savanta (2020-04). Via Lighthouse Intelligence -- https://lighthousedata.io/data/small-business-revenue-decline-covid-2020
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<blockquote cite="https://lighthousedata.io/data/small-business-revenue-decline-covid-2020" style="border-left:3px solid #2563eb;padding:12px 16px;margin:16px 0;font-family:system-ui,sans-serif;background:#f0f4ff;"><strong>46%</strong> -- revenue decline rate for UK small businesses<br><small>Source: Savanta (2020-04) · <a href="https://lighthousedata.io/data/small-business-revenue-decline-covid-2020" target="_blank" rel="noopener">Lighthouse Intelligence</a></small></blockquote>
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