March 16, 2020 @ 14:09 by Chloe Holmes
Governments, central banks, financial markets and businesses are currently in the process of trying to come to terms with the economic impact of the COVID-19 outbreak.
As we all collectively grapple with the implications of both a supply and demand shock to the global economy, fear of a recession is palpable.
Understandably, there’s a lot of anxiety in the marketplace. Many businesses will be looking at their strategies for 2020 and beyond and wondering what could be in store for them.
For us here at North East Times, it’s business as usual.
We have implemented a home-working policy, and will follow government guidelines to ensure we are mitigating risk and can continue to deliver North East Times in these unprecedented circumstances.
Our desire to engage with the North East business community and tell its stories is unwavering.
We would like to take this opportunity to thank all of our commercial partners for their continued support and reiterate the point that, come what may, we will be here to promote what you do.
In this moment of economic uncertainty, the need to get your brand, your message, and your people out there is greater than ever. We will continue to do everything we can to support this.
Often, it’s the fear of a recession, which actually ends up causing it. No sooner has confidence flooded out of the marketplace than capital and resources along with it.
That’s why it is so important to project positivity and resilience in times like these. We will continue to be a platform for North East businesses to do exactly that.
Let us know if there’s anything we can do to help your business during this time of uncertainty. We will endeavour to utilise our position as the North East’s leading region-wide publication to promote any knowledge or guidance you may have with the wider business community.
If you have any advice or thought leadership around the impact of Coronavirus on North East businesses that you would like distributed across our digital channels, please send over to firstname.lastname@example.org, and tag @NETimesmagazine on social media.
With your support, we can continue to show why the North East is the best place in the world to do business and live, work and play.