Central Bank report highlights outsized threat to food service companies      

Accommodation and food services among the worst effected by the challenges presented by Covid-19

The SME 2020 report focuses on the effects on firms of the Covid-19 fallout.

Almost 40% of small firms hold unpaid invoices, with accommodation and food service among the sectors facing some of the worst challenges from the Covid-19 storm, a Central Bank report has confirmed. 

The SME 2020 report focuses on the effects on firms of the Covid-19 fallout and comes as the Government prepares to unveil its long-awaited summer stimulus package that aims to keep as many as people from long-term unemployment by offering grant aid to vulnerable firms.