DCMS Coronavirus (COVID-19) Impact Business Survey - Round Two,,,,,,,, ,,,,,,,, Released 02 November 2020,,,,,,,, "The indicators and analysis presented in this bulletin are based on responses from the voluntary business survey, which captures organisations' responses on how their turnover, costs, workforce and resilience have been affected by the coronavirus (COVID-19) outbreak.  ",,,,,,,, "The results presented in this release are based on 3,870 completed responses. ",,,,,,,, These results were collected between 17 August and 8 September 2020.,,,,,,,, ,,,,,,,, 1. Experimental Statistics,,,,,,,, This is the first time we have published these results as Official Statistics. An earlier round of the business survey can be found at https://www.gov.uk/government/publications/dcms-coronavirus-impact-business-survey,,,,,,,, "We have designated these as Experimental Statistics, which are newly developed or innovative statistics. ",,,,,,,, These are published so that users and stakeholders can be involved in the assessment of their suitability and quality at an early stage. ,,,,,,,, We welcome any user feedback on the presentation of these results to evidence@dcms.gov.uk,,,,,,,, ,,,,,,,, 2. Data sources,,,,,,,, The survey was run simultaneously through DCMS stakeholder engagement channels and via a YouGov panel. ,,,,,,,, The two sets of results have been merged to create one final dataset. ,,,,,,,, "Invitations to submit a response to the survey were circulated to businesses in relevant sectors through DCMS stakeholder engagement channels, prompting 2,579 responses.",,,,,,,, "YouGov's business omnibus panel elicited a further 1,288 responses. YouGov’s respondents are part of their panel of over one million adults in the UK. ",,,,,,,, A series of pre-screened information on these panellists allows YouGov to target senior decision-makers of organisations in DCMS sectors. ,,,,,,,, ,,,,,,,, 3. Quality,,,,,,,, One purpose of the survey is to highlight the characteristics of organisations in DCMS sectors whose viability is under threat in order to shape further government support. ,,,,,,,, The timeliness of these results is essential.,,,,,,,, "There are some limitations, arising from the need for this timely information.",,,,,,,, Estimates from the DCMS Coronavirus (COVID-19) Impact Business Survey are currently unweighted and should be treated with caution when used to evaluate the impact of COVID-19 across the UK economy. ,,,,,,,, "Each business was assigned the same weight regardless of turnover, size or industry, and the data in the latest period are final. ",,,,,,,, Survey responses through DCMS stakeholder comms are likely to contain an element of self-selection bias as those businesses that are more severely negatively affected have a greater incentive to report their experience. ,,,,,,,, "Due to time constraints, we are yet to undertake any statistical significance testing or provided confidence intervals",,,,,,,, ,,,,,,,, Survey Information:,,,,,,,, Survey live date: 17th August 2020,,,,,,,, Survey close date: 8th September 2020,,,,,,,, ,,,,,,,, Contact (for this request):,,,,,,,, marcus.bamidele@dcms.gov.uk ,,,,,,,, ,,,,,,,, ,,,,,,,, Sample Size,,,,,,,, ,,,,,,,, Survey Breakdown,,,,,,,, YouGov,1291,,,,,,, DCMS,2579,,,,,,, Total Responses,3870,,,,,,, ,,,,,,,, Performing Arts,,,,,,,, Firm Size,Count ,,,,,,, Small (1-49) ,404,,,,,,, Medium (50-249),39,,,,,,, Large (250+) ,16,,,,,,, Don't know ,3,,,,,,, ,,,, ,,,, Music Exhibition ,,,,,,,, Firm Size,Count ,,,,,,, Small,65,,,,,,, Medium ,-,,,,,,, Large ,-,,,,,,, Don't Know,0,,,,,,, ,,,,,,,, Music Festivals and Events ,,,,,,,, Firm Size ,Count ,,,,,,, Small ,447,,,,,,, Medium ,30,,,,,,, Large ,-,,,,,,, Don't Know ,-, ,,,,,, ,,,,,,,, Note:,,,,,,,, "Final results, Round 2 of the DCMS Coronavirus (COVID-19) Impact Business Survey, N=3,870",,,,,,,, Results do not necessarily sum to the total. This is caused by the exclusion of certain breakdowns from these results due to a small sample size.,,,,,,,, """-"" Designates where a value has been removed to protect the identity of respondents.",,,,,,,, ,,,,,,,, Financial Resilience,,,,,,,, "For the following questions, please think about your organisation's trading status and financial resilience during the Coronavirus (COVID-19) pandemic...",,,,,,,, "Please include any actions that you can take (or have taken) to help your organisation, 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 organisation 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 organisation is no longer trading, please select the ""Not applicable"" option)",,,,,,,, ,,,,,,,, Performing Arts,,,,,,,, Firm Size,Less than 1 month,"More than 1 month, up to 3 months","More than 3 months, up to 6 months",More than 6 months,Not applicable - my business is no longer trading,Don't know,, Small,-,114,113,50,32,-,, Medium ,0,-,11,-,-,4,, Large ,-,-,7, -,0,-,, Don't Know,0,0,0,0,-,-,, Total,49,129,131,62,36,55,, ,,,,,,,, Music Exhibition,,,,,,,, Firm Size,Less than 1 month,"More than 1 month, up to 3 months","More than 3 months, up to 6 months",More than 6 months,Not applicable - my business is no longer trading,Don't know,, Small ,6,-,17,-,6,11,, Medium ,0,4,-,-,0,0,, Large,0,-,-,0,0,0,, Don't Know ,0,0,0,0,0,0,, Total ,6,29,17,3,6,11,, ,,,,,,,, Music Festivals and Events ,,,,,,,, Firm Size,Less than 1 month,"More than 1 month, up to 3 months","More than 3 months, up to 6 months",More than 6 months,Not applicable - my business is no longer trading,Don't know,, Small,42,168,121,-,-,42,, Medium,-,9,-,0,-,7,, Large,-,-,7,-,0,-,, Don't Know,0,-,-,0,0,-,, Total,45,179,141,27,50,52,, ,,,,,,,, ,,,,,,,, Trading Status (2),,,,,,,, "Which, if any, of the following statements BEST describes the current trading status of your organisation?",,,,,,,, ,,,,,,,, Performing Arts,,,,,,,, Firm Size ,My organisation is currently trading and had been trading before the 4th of July 2020,"My organisation started trading since the 4th of July 2020, after a pause in trading",My organisation has paused trading but intends to restart before the end of August 2020,My organisation has paused trading and does not intend to restart before the end of August 2020,My organisation has permanently ceased trading during the Coronavirus (COVID-19) outbreak,My organisation had permanently ceased trading prior to the Coronavirus (COVID-19) outbreak,Other,Don't know Small,61,22,18,213,57,0,-,- Medium ,-,-,4,14,-,0,-,0 Large,-,-,0,-,-,0,0,- Don't Know,0,0,0,-,-,0,0,0 Total,77,26,22,236,64,0,32,5 ,,,,,,,, Note:,,,,,,,, "Final results, Round 2 of the DCMS Coronavirus (COVID-19) Impact Business Survey, N=3,870",,,,,,,, Results do not necessarily sum to the total. This is caused by the exclusion of certain breakdowns from these results due to a small sample size.,,,,,,,, """-"" Designates where a value has been removed to protect the identity of respondents.",,,,,,,,