The Office for National Statistics (ONS) has published the results of their latest business impact survey, which covers the period from 29 December 2021 to 9 January 2022.

It shows that while 76.7% of all businesses are fully trading at the moment, accommodation and food services is the sector most impacted by Omicron with only 57.6% of businesses trading fully. This is followed by transportation with only 66.3% of businesses trading fully.

The survey also indicates that 60% of businesses in the accommodation and food sector experienced a decrease in revenue over this period compared to just 32% across all industries. This is followed by the arts, entertainment and recreation sector in which 40% of businesses reported a decline in venue.