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To ask you the most suffering industries right now?

128 replies

peettaleetta · 18/03/2020 22:45

Hi,
Trying to think of the industries and companies that are taking the most hit right now, so we can ensure to support afterwards. Trying to give dd an idea of how much this actually affects.

Family businesses

  • theme parks
  • Trains

What else would be really struggling right now and losing money?

It can be anything from holiday resorts, to parks, amusement parks, public transport, family businesses

OP posts:
Elphame · 18/03/2020 22:47

All the hospitality sectors.

NeverForgetYourDreams · 18/03/2020 22:48

We travel round country to visit people and carry out surveying work.

We have noticed a downturn in enquiries. We've probably got three months til the money runs out .... small family business employing 7 non family .....

Needcoffeeimmediatley · 18/03/2020 22:49

Tradesman
Taxi drivers
Hotels
Wedding/party venues
Restaurants

Pipandmum · 18/03/2020 22:50

Restaurants, theatres, many retail shops have shut their doors, gyms, stately homes (like English Heritage), museums and galleries (even free ones rely on gift shop and cafe sales), anywhere that requires people to congregate basically.

BodiesMakeForGoodFertiliser · 18/03/2020 22:50

Hospitality. There is so many independents there. They are now shutting left right and centre and it's so sad because no one knows when and if they will be back.

ghostyslovesheets · 18/03/2020 22:51

ex DH is a sign maker - retail and hospitality sector - he's in a bad way

DD1 just lost her weekend job in hospitality as all functions where cancelled today

Ivgotasecretcanyoukeepit · 18/03/2020 22:52

The airline industry!!

Kahlua4me · 18/03/2020 22:52

Cafes, bakeries, soft play, childminders, cleaners are the ones I thought of first.

On a personal note as an example for your dd, Dh and I run our own electrical contractors company, quite small with 3 employees. We are not sure how things will be from now on as obviously they cannot work from home and every time they go into somebody’s house to work they are at risk themselves but could also carry the virus in there without knowing. Also, there will inevitably be a decrease in work with so many people running out of money and not wanting to improve fixtures and fittings for a long time.

DrSheldonCooperPHD · 18/03/2020 22:52

The property market is collapsing. My husband, sister and brother in law manage 3 separate property businesses from estate agency to conveyancing its a nightmare.

Kahlua4me · 18/03/2020 22:54

NeverForgetYourDreams I reckon we have about 3 months until the money runs out too...

Basecamp65 · 18/03/2020 22:54

Bands - most earn the majority of their money from touring - everything is cancelled and so no income.

The massive names will be fine but all the smaller bands are in dire straits. I think most performers will be in the same boat

Runworkeatsleeprepeat · 18/03/2020 22:54

Clothes retail is probably an unforgotten one who's going to but a new bikini now!

Collywibbles · 18/03/2020 22:55

Boarding kennels..... No one going on holiday. And no one needing day boarding.

VeryQuaintIrene · 18/03/2020 22:55

Restaurants and bars - they are all shut by order of the governor in my US town whose main economy is food tourism.

Kahlua4me · 18/03/2020 22:55

We need the whole world to press the pause button, stop everything bar hospitals and supermarkets, and then restart in 3 weeks....

SeaGale · 18/03/2020 23:00

I was going to say taxi drivers. Presumably their earning potential is buggered.

Tiggles · 18/03/2020 23:06

Wedding photographers
Was talking to a Chap in a school uniform and general small clothes shop and he was saying how people forget about shops like his in a crisis.

GetyourFaLaLasRight · 18/03/2020 23:10

I think we need to realise the knock on effect as well. The small baker who supplies the catering for a small football club etc. I'm concerned for the businesses in the area that surrounds my workplace, with most working from home the businesses will not have lunchtime trade.

When this is over many businesses will no longer exist, they simply don't have the reserves to ride out the downturn in trade.

PickAChew · 18/03/2020 23:10

Hospitality and leisure.
Non essential retail - look at all the fashion stores that have closed already and Fenwick is closing it's department stores, after tomorrow.

And public transport. Buses travelling around carrying fresh air, having to cut services. There's a lot of small independent companies, as well as nationals like Arriva and First, who may not survive this.

Redissuereader · 18/03/2020 23:10

Anyone involved in events from venues to lighting, staging, audio and finance for that market

Sunshinesky1981 · 18/03/2020 23:11

Coach company's. 95%of our work has been cancelled in the past couple of days. We do mainly school transport and school trips. Private hire work is for airports and theatee trips etc. Its really bad

looselegs · 18/03/2020 23:12

Childminder.
Parents don't pay if childminder can't work.
Government doesn't help
Insurance company help

chockaholic72 · 18/03/2020 23:13

My friend is a mountain leader and does DofE trips with schools, expeditions with scouts, plus navigation training and guided walks. She’s had all her big trips, which are the bulk of her work, cancelled for the year. So if you can, go out for a walk and hire a guide - she’d be comfortable taking up to six for a hike with social distance, and all ML qualified guides are massively hot in risk assessments so it would be really safe and would get you out in the open air for some exercise. For a group that size it would only cost about £20 a head for the full day.

TheSheepofWallSt · 18/03/2020 23:16

culture and media sectors.

For culture-
It’s entirely reliant on live audiences. Which have just been decimated. And is often funded by sponsors whose share prices have plummeted, or charitable trusts, whose money comes from investments. And the market is in free fall. So it’s going to be fucking hard even once this is over.

Media will be hit hard by loss of advertising revenue, as in the 2008 crash.

Easy to scoff at these, but you’d be surprised how important they are to the health of the economy overall through tourism etc.

JammyGem · 18/03/2020 23:16

I work for a travel company who operates tours. We've been hit pretty hard as all our international tours have been cancelled for the next few weeks, and probably will be for the next few months. Most of our customers are elderly so when the enforced self- isolation for over 70s comes in we're really going to struggle.