The impact of Covid-19 on SMEs

In the latest of the “in the shed” series I’m talking to Sinead Gray, joint managing director at Kindred, about the impact of Covid-19 on SMEs.

Here’s a summary of what Sinead and I talked about:

• Whether SMEs have been more impacted by the Covid-19 lockdown than larger businesses.
• Sinead talks us through some disturbing numbers on the extent to which SME’s are struggling at the moment.
• Sinead explains the thinking behind Kindred’s Positive Hour advice line for SMEs.
• Why Kindred decided to decrease salaries across the business rather than furlough anyone.