Study finds 82% of business owners suffered from poor mental health in pandemic

21 Jan 2022

A study carried out by insurer Simply Business has found that 82% of business owners suffered from poor mental health during the coronavirus (COVID-19) pandemic.

One in five owners surveyed stated that their mental health was 'in a bad place' as a result of the pandemic. Three in five have experienced stress and more than half suffered from anxiety, Simply Business revealed.

Over half of those polled also believe that future lockdowns could adversely impact trade.

Additionally, one in five business owners are concerned about supply chain issues. The survey found that many are facing challenges in delivering goods and sourcing appropriate stock.

Alan Thomas, UK CEO of Simply Business, said: 'Small business owners have encountered countless challenges during the course of the pandemic, with COVID-19 costing owners over £20,000 each on average. Livelihoods are on the line, and understandably this has had a huge impact on people's wellbeing – with a staggering 82% reporting poor mental health last year.'

Home | Contact us | Terms of Business | Accessibility | Disclaimer | Help | Site map |

© 2022 Walker Moyle. All rights reserved. | Walker Moyle is a trading name of Walker Moyle Ltd. Registered in England and Wales No 09173854
Registered Office: Alverton Pavilion, Trewithen Road, Penzance, Cornwall, TR18 4LS

We use cookies on this website, you can find more information about cookies here.
Walker Moyle, Alverton Pavilion, Trewithen Road, Penzance, Cornwall TR18 4LS
Walker Moyle : The Old Post Office, Tregenna Place, St. Ives, Cornwall TR26 1SD
Walker Moyle : 3 Chapel Street, Redruth, Cornwall TR15 2BY