Covid-19. Information for UK Businesses
Fortuous • March 16, 2020
Whatever your business, it’s likely that COVID-19 will be impacting you.
You may be dealing with stock shortages, exporting issues, disrupted travel plans or a sales downturn due to tourist drop off. The key now is to plan ahead for this disruption.
Planning for business disruption
The UK government has provided guidance for employers and businesses.This includes:
- Advice on the key symptoms of COVID-19
- How to prevent the spread of the virus
- What to do if a staff member tests positive
- Advice on travel restrictions to overseas locations.
You’ll want to have a plan on how to look after or protect your staff, how to manage sick leave and self isolation, plus consider issues around privacy. Setting up remote working is another option – allowing employees to self-isolate, if deemed necessary, and continue working.
Coronavirus support from the Chancellor’s Budget 2020
The Chancellor of the Exchequer, Rishi Sunak, has announced a number of coronavirus-related measures in his first Budget on 11 March 2020
A £12 billion package of targeted COVID-19 measures was announced to help the National Health Service, support UK businesses and fund continued research into the virus.
Key business measures include:
- Extending Statutory Sick Pay (SSP) for all those advised to self-isolate and their carers.
- Statutory Sick Pay costs for businesses with fewer than 250 employees to be met by the government in full for up to 14 days.
- Financial support for self-employed individuals if they are affected by the virus.
- Extending the Business Rates retail discount to 100% for one year and expanding it to the leisure and hospitality sectors.
Talk to us about reducing COVID-19 disruption.
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