Research and analysis

DCMS Business Survey - Results

Updated 17 June 2020
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Summary
- The 3,936 responses contributing to these results were submitted between 23rd April and 25th May 2020.
- Responses to the DCMS (2369 responses) and YouGov (1567 responses) surveys have been merged to create one final dataset.
- The YouGov sample consisted of senior decision makers in specific business sectors. Fieldwork was undertaken between 30th April and 25th May 2020. The survey was carried out online.
- The DCMS survey also targetted responses from specific business sectors. Fieldwork ran from 23rd April to 22nd May. The survey was carried out online.
- Please contact Sean.Kearney@dcms.gov.uk or Shamraze.Mahmood@dcms.gov.uk if you have any questions or would like to discuss the results in more detail.
- Results for sub-sectors do not necessarily sum to the total. This is caused by the exclusion of certain sub-sectors from these results due to a small sample size.
- Respondents opt-in to complete the survey. As a result, some self-selection bias may be present. Therefore, responses are illustrative and they should be treated with caution; results reflect the characteristics of those who responded and not necessarily the wider business population.
- Note that in the original release of this data (17/6/20), the Yes and No for the Mitigating Actions question were incorrectly labelled. This has been corrected as of 19/06/20.
Table 1: At Risk
For the following questions, please think about your business' financial resilience in light of the current Coronavirus (COVID-19) outbreak.
Thinking about the next three months (i.e. from now until mid-July 2020)...
Do you feel that your business' ability to trade as a viable entity is under threat?
Industry
Overall
Tourism
Digital
Creative Industries and Publishing
Events and Exhibitions
Performing Arts
Museums and Heritage
Film, TV, Video and Radio
Sport
Art and Antiques
Telecoms
Gambling
Cyber Security
Civil Society
Other
Table 2: Resilience
For the following question, please include any actions that you can/ have taken to help your business, such as taking mitigating actions and drawing on any financial reserves and credit (including Government support packages).
Approximately, how long, do you estimate that your business can continue to trade/ be a viable entity? (Please select the option that best applies. If you are unsure, please give your best estimate. If your business is no longer trading, please select the "Not applicable" option)
Industry
Overall
Tourism
Digital
Creative Industries and Publishing
Events and Exhibitions
Performing Arts
Museums and Heritage
Film, TV, Video and Radio
Sport
Art and Antiques
Telecoms
Gambling
Cyber Security
Civil Society
Other
Table 3: Revenue Impact
For the following questions, please now think about the impact of the Coronavirus (COVID-19) outbreak on your business' revenue sources.
Please think about your business' expected monthly revenue for this time of the year compared to its actual revenue over the last month (i.e. since mid-March 2020).
Approximately, by how much has your business' revenue decreased, increased or remained the same compared to what was expected over the last month? (Please select the option that best applies. If you are unsure, please give your best estimate)
Industry
Overall
Tourism
Digital
Creative Industries and Publishing
Events and Exhibitions
Performing Arts
Museums and Heritage
Film, TV, Video and Radio
Sport
Art and Antiques
Telecoms
Gambling
Cyber Security
Civil Society
Other
Table 4: Cost Impact
Please now think about the impact of the Coronavirus (COVID-19) outbreak on your business' costs...
For the following question, please think about your business' expected monthly costs for this time of the year compared to its actual costs over the last month (i.e. since mid-March 2020).
In this estimation, please include any reduction in costs as a result of the Coronavirus Job Retention Scheme and Self-Employment scheme, even if you are yet to receive these payments.
Approximately, by how much has your business' costs decreased, increased or remained the same compared to what was expected over the last month?
Industry
Overall
Tourism
Digital
Creative Industries and Publishing
Events and Exhibitions
Performing Arts
Museums and Heritage
Film, TV, Video and Radio
Sport
Art and Antiques
Telecoms
Gambling
Cyber Security
Civil Society
Other
Table 5: Fixed Costs
For the following question, by "fixed costs", we mean any operating costs that you would describe as fixed - i.e. meaning that these costs cannot be reduced easily.
This includes anything that will not normally vary in a 12 month period - e.g. rent, business rates, interest rate payments etc. Please do not include staff costs in this calculation.
Approximately, what proportion of your business' operating costs would you describe as fixed costs?
Industry
Overall
Tourism
Digital
Creative Industries and Publishing
Events and Exhibitions
Performing Arts
Museums and Heritage
Film, TV, Video and Radio
Sport
Art and Antiques
Telecoms
Gambling
Cyber Security
Civil Society
Other
The next few questions aim to explore the adjustments your organisation has made in response to the Coronavirus outbreak.
Which, if any, of the following types of mitigating actions are your business currently taking in order to maintain revenue or reduce costs in response to the Coronavirus (COVID-19) outbreak?
(Please select all that apply. If your business is not currently taking any mitigating actions, please select the "Not applicable" option).
Note that in the original release of this data (17/6/20), the Yes and No for the Mitigating Actions questions were incorrectly labelled. This has been corrected as of 19/06/20.
Table 6: Mitigating Actions; Accessing Government Support
Did respondent select "Accessing Government Support"?
Industry
Overall
Tourism
Digital
Creative Industries and Publishing
Events and Exhibitions
Performing Arts
Museums and Heritage
Film, TV, Video and Radio
Sport
Art and Antiques
Telecoms
Gambling
Cyber Security
Civil Society
Other
Table 7: Mitigating Actions; Making Employees Redundant
Did respondent select "Making employees redundant"?
Industry
Overall
Tourism
Digital
Creative Industries and Publishing
Events and Exhibitions
Performing Arts
Museums and Heritage
Film, TV, Video and Radio
Sport
Art and Antiques
Telecoms
Gambling
Cyber Security
Civil Society
Other
Table 8: Mitigating Actions; Delaying Payments to Creditors
Did respondent select "Delaying payments to creditors"?
Industry
Overall
Tourism
Digital
Creative Industries and Publishing
Events and Exhibitions
Performing Arts
Museums and Heritage
Film, TV, Video and Radio
Sport
Art and Antiques
Telecoms
Gambling
Cyber Security
Civil Society
Other
Table 9: Mitigating Actions; terminating temporary employee contracts or reducing zero-hour contracts
Did respondent select "Terminating temporary employee contracts / reducing zero-hours contracts (i.e. by reducing their hours to 0)"?
Industry
Overall
Tourism
Digital
Creative Industries and Publishing
Events and Exhibitions
Performing Arts
Museums and Heritage
Film, TV, Video and Radio
Sport
Art and Antiques
Telecoms
Gambling
Cyber Security
Civil Society
Other
Table 10: Furloughing Workers
What proportion of your business' employees have been furloughed?
Industry
Overall
Tourism
Digital
Creative Industries and Publishing
Events and Exhibitions
Performing Arts
Museums and Heritage
Film, TV, Video and Radio
Sport
Art and Antiques
Telecoms
Gambling
Cyber Security
Civil Society
Other
Table 11: Working from Home
Approximately, what proportion of your business' employees are currently working from home?
Industry
Overall
Tourism
Digital
Creative Industries and Publishing
Events and Exhibitions
Performing Arts
Museums and Heritage
Film, TV, Video and Radio
Sport
Art and Antiques
Telecoms
Gambling
Cyber Security
Civil Society
Other
Table 12: Coronavirus Job Retention Scheme
The following question shows other support packages that have been announced by the Government which businesses can apply for.
Which ONE, if any, of the following BEST describes how your business has engaged with each of the following support packages?
Coronavirus Job Retention Scheme (all UK employers with a PAYE scheme that was created and started on or before 28 February 2020, will be able to access support).
Industry
Overall
Tourism
Digital
Creative Industries and Publishing
Events and Exhibitions
Performing Arts
Museums and Heritage
Film, TV, Video and Radio
Sport
Art and Antiques
Telecoms
Gambling
Cyber Security
Civil Society
Other
Table 13: Coronavirus Business Interruption Loan Scheme
The following question shows other support packages that have been announced by the Government which businesses can apply for.
Which ONE, if any, of the following BEST describes how your business has engaged with each of the following support packages?
The Coronavirus Business Interruption Loan Scheme offering loans of up to £5 million for SMEs through the British Business Bank.
Industry
Overall
Tourism
Digital
Creative Industries and Publishing
Events and Exhibitions
Performing Arts
Museums and Heritage
Film, TV, Video and Radio
Sport
Art and Antiques
Telecoms
Gambling
Cyber Security
Civil Society
Other
Table 14: Self Employed Income Support Scheme
The following question shows other support packages that have been announced by the Government which businesses can apply for.
Which ONE, if any, of the following BEST describes how your business has engaged with each of the following support packages?
The Self-employment Income Support Scheme which will provide grants worth 80% of their profits up to a cap of £2,500 per month, to those who have profits of less than £50,000.
Industry
Overall
Tourism
Digital
Creative Industries and Publishing
Events and Exhibitions
Performing Arts
Museums and Heritage
Film, TV, Video and Radio
Sport
Art and Antiques
Telecoms
Gambling
Cyber Security
Civil Society
Other
Table 15: Business Rates Holiday
The following question shows other support packages that have been announced by the Government which businesses can apply for.
Which ONE, if any, of the following BEST describes how your business has engaged with each of the following support packages?
12-month business rates holiday for all retail, hospitality, leisure and nursery businesses in England.
Industry
Overall
Tourism
Digital
Creative Industries and Publishing
Events and Exhibitions
Performing Arts
Museums and Heritage
Film, TV, Video and Radio
Sport
Art and Antiques
Telecoms
Gambling
Cyber Security
Civil Society
Other
Table 16: Deferring VAT and Income Tax Payments
The following question shows other support packages that have been announced by the Government which businesses can apply for.
Which ONE, if any, of the following BEST describes how your business has engaged with each of the following support packages?
Deferring VAT and Income Tax payments.
Industry
Overall
Tourism
Digital
Creative Industries and Publishing
Events and Exhibitions
Performing Arts
Museums and Heritage
Film, TV, Video and Radio
Sport
Art and Antiques
Telecoms
Gambling
Cyber Security
Civil Society
Other
Table 17: Coronavirus Corporate Financing Facility
The following question shows other support packages that have been announced by the Government which businesses can apply for.
Which ONE, if any, of the following BEST describes how your business has engaged with each of the following support packages?
The Coronavirus Corporate Financing Facility, a new lending facility from the Bank of England to help support liquidity among larger firms, helping them bridge coronavirus disruption to their cash flows through loans.
Industry
Overall
Tourism
Digital
Creative Industries and Publishing
Events and Exhibitions
Performing Arts
Museums and Heritage
Film, TV, Video and Radio
Sport
Art and Antiques
Telecoms
Gambling
Cyber Security
Civil Society
Other
Table 18: Small Business £10k Grant Funding
The following question shows other support packages that have been announced by the Government which businesses can apply for.
Which ONE, if any, of the following BEST describes how your business has engaged with each of the following support packages?
Small business grant funding of £10,000 for all business in receipt of small business rate relief, rural rate relief and tapered relief.
Industry
Overall
Tourism
Digital
Creative Industries and Publishing
Events and Exhibitions
Performing Arts
Museums and Heritage
Film, TV, Video and Radio
Sport
Art and Antiques
Telecoms
Gambling
Cyber Security
Civil Society
Other
Table 19: Grant funding of £25,000 for retail, hospitality and leisure
The following question shows other support packages that have been announced by the Government which businesses can apply for.
Which ONE, if any, of the following BEST describes how your business has engaged with each of the following support packages?
Grant funding of £25,000 for retail, hospitality and leisure businesses with property with a rateable value between £15,000 and £51,000.
Industry
Overall
Tourism
Digital
Creative Industries and Publishing
Events and Exhibitions
Performing Arts
Museums and Heritage
Film, TV, Video and Radio
Sport
Art and Antiques
Telecoms
Gambling
Cyber Security
Civil Society
Other
Table 20: SME Statutory Sick Pay Relief
The following question shows other support packages that have been announced by the Government which businesses can apply for.
Which ONE, if any, of the following BEST describes how your business has engaged with each of the following support packages?
Statutory Sick Pay relief package for small and medium sized businesses (SMEs)
Industry
Overall
Tourism
Digital
Creative Industries and Publishing
Events and Exhibitions
Performing Arts
Museums and Heritage
Film, TV, Video and Radio
Sport
Art and Antiques
Telecoms
Gambling
Cyber Security
Civil Society
Other
Table 21: Government Support Effectiveness
Considering all the government support packages you are eligible for, how successful do you think these would be in supporting your business through the Coronavirus outbreak to remain financially viable over the next three months?
Industry
Overall
Tourism
Digital
Creative Industries and Publishing
Events and Exhibitions
Performing Arts
Museums and Heritage
Film, TV, Video and Radio
Sport
Art and Antiques
Telecoms
Gambling
Cyber Security
Civil Society
Other
Notes
"-" Designates where a value has been removed to protect the identity of respondents