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EXECUTIVE INSIGHTS | Staff Reporter, UK
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Longer lockdown “will cost lives”, LEON boss warns

Co-founder John Vincent told the BBC it was "quite possible" that the business could fold "if weeks and months drag on".

Extending lockdowns even by a matter of weeks will "cost lives", according to LEON co-founder John Vincent.

Speaking on BBC Radio 4's Today programme, Vincent said businesses were "at the heart of a functioning and healthy society" and were losing money that should be going to their employees and the government through taxes.

Vincent added it was "quite possible" that LEON could fold "if weeks and months drag on", as it was losing around £200,000 weekly. That figure was more like £800,000 when "what we would have been making" is taken into account, he explained.

"That's money that isn't going into the economy, it's not going into the wallets of the people who work for LEON, and it's not going to pay the taxes that we need to pay," he said.

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