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		</div><p>Almost a quarter of UK firms have halted trading due to the coronavirus lockdown, according to the UK&#8217;s Office for National Statistics (ONS).</p>
<p>The ONS said 23% of businesses have temporarily closed or paused trading, according to its latest survey on the business impact of coronavirus, for the two weeks to April 19.</p>
<p>It said the accommodation and food service sector was the worst hit, with 81% of firms halting operations, while the arts and entertainment sector saw 80% cease trading.</p>
<p>Most businesses across all sectors have continued to trade, but most of these reported a slump in turnover.</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
<p lang="en" dir="ltr">Today we’ve published our latest set of faster indicators, covering the UK’s society and economy <a href="https://t.co/QQc7xWCpDf">https://t.co/QQc7xWCpDf</a><a href="https://twitter.com/hashtag/coronavirus?src=hash&;ref_src=twsrc%5Etfw">#coronavirus</a> <a href="https://twitter.com/hashtag/COVID19?src=hash&;ref_src=twsrc%5Etfw">#COVID19</a> <a href="https://t.co/HqXJy0PqN2">pic.twitter.com/HqXJy0PqN2</a></p>
<p>&mdash; Office for National Statistics (ONS) (@ONS) <a href="https://twitter.com/ONS/status/1258319448743841792?ref_src=twsrc%5Etfw">May 7, 2020</a></p></blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p>The survey revealed that 58% of companies said turnover had slipped below normal levels.</p>
<p>Of those that had not closed sites, 30% said their financial performance was not impacted.</p>
<p>Two-thirds of companies, in the survey of 6,114 firms, said they have furloughed staff through the coronavirus job retention scheme.</p>
<p>These firms said they have furloughed around 28% of their workforces to mitigate the impact of the crisis.</p>
<p>The survey said 87% of accommodation and food service companies have furloughed staff, along with 81% of construction firms and 77% of transport outfits.</p>
<p>The ONS also revealed that the price of high-demand products has nudged 0.1% lower, after price rises in previous weeks.</p>
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