The Covid crisis has already been devastating for the UK economy, which has seen its biggest slump in decades.

The onset of the pandemic saw Gross Domestic Product (GDP) fall by more than 25 percent between January 2020 and April 2020.

Ms Geesin said: “Although the economy has bounced back a little bit since then, economists are estimating that the overall decline will be the worst the UK has seen in over 100 years.”

Pretty much all areas of the economy have been hit, with hospitality, retail, travel and tourism and aviation bearing the brunt of the mass closures across the country – and the world.