Gyms and pools reopen in England amid bleak financial warnings for leisure industry

Gyms and pools reopen in England amid bleak financial warnings for leisure industry

Assessment

Interactive Video

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University

Hard

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The transcript discusses the financial challenges faced by a business with no income and ongoing costs. Despite support from a filter scheme covering staff costs, other expenses are depleting reserves. The business is operating at half capacity, which is insufficient for recovery. It is expected to take two to three years to overcome these financial difficulties, a situation shared by many leisure companies across the country.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the speaker mean by 'running at half capacity'?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the expected timeline for the business to recover financially?

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