LONDON, Aug 13 (Reuters) - Almost one in three businesses in
the United Kingdom has operating costs that are greater or equal
to their turnover, Britain's statistics office said on Thursday
in an update on the impact of the coronavirus pandemic on the
economy.
Companies in the arts, entertainment and recreation sector
reported the largest percentage of businesses with operating
costs exceeding turnover at 42%, followed by the accommodation
and food service activities sector at 29%.
Manufacturing and real estate reported the largest
percentage of businesses indicating that turnover exceeded
operating costs, at 54% and 53% respectively, the Office for
National Statistics said.
(Writing by William Schomberg
Editing by Gareth Jones)