Most nursery operators spoken to by Cairneagle Associates for the special Covid update to the last LaingBuisson Childcare UK Market Report - which was completed in mid-February 2020 just before the country went into the first lockdown - expect to recover losses through this year.
A third of operators (33 per cent) surveyed in November 2020 expect their portfolio to recover by the second half of 2020. Eleven per cent think it will take until next year.
In addition, the majority of respondents are planning to either grow their business (50 per cent) or hold stable (32 per cent). Only less than a fifth (20 per cent) are expecting to sell or close nurseries, while none of the operators is thinking of making an exit from the sector.
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