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How do the guidelines affect SMEs? Due to their modest team sizes, an employee being told to self isolate has a much bigger impact if they’re working for a small firm. Should multiple staff test positive, the issue could soon spiral out of control, potentially reducing staffing levels to an amount that could lead to temporary closure. After the chaos of the previous year, most companies can ill afford to lose more money. A recent report by Simply Business estimates the total cost of coronavirus restrictions to be upwards of £126.6 bn, at an average expense of £22,461 per company. Particularly for those industries that rely on in-person customer service – like retail and hospitality – the current self-isolating guidelines could cause delays or reduced footfall and consequently, a devastating loss of revenue.

United kingdomJackie cosensChris biggsKaran bilimoraTony baileyLouise kingAnthony woodcock is coConfederation of british industrySimply businessFreedom dayWindows centralBritish industryLord karan bilimoraPear tree innTheta global advisorsCoronavirus statutory sick pay rebate scheme