In view of the current Coronavirus ‘COVID-19’ pandemic, we would like to draw your attention to preventative measures being taken by Murrells to protect our employees and clients.
For the time being, it is ‘business as usual’ at Murrells. Our offices remain open as normal, but we will inform you if that situation needs to change.
We are asking all staff to be diligent and exercise reasonable caution, and the following steps are recommended:
- If one of our employee’s comes to your site for a meeting, please be aware that we are discouraging handshakes. Please don’t take this personally and we hope you understand.
• We are discouraging employees from using public transport unless absolutely necessary which could result in meetings being postponed or delayed. We will endeavour to provide as much notice to those affected as possible in these circumstances.
• We are enforcing stronger hygiene procedures within our office to minimise the risk of infection.
• If any of our employees return from an infected country we are ensuring they self-isolate for 14 days.
• If any of our employees have been in contact with a person whom has been diagnosed withCoronavirus, or if they themselves are diagnosed (or exhibit symptoms of the virus), we are requiring them to self-isolate for a period of 7 days. During this time they will be (in most cases) fully able to continue to exercise their duties remotely.
For more information on the Government’s current self-isolation policy, please see the following link.
We presume and request that all of our clients and partners are taking similar precautions.
If the situation does change, we do have the resources in place for all employees to work remotely so we will still be easily contactable and able to work.
The potential impact of Coronavirus on your business
As a valued client of Murrells, we of course are very mindful of the wider economic impact of this pandemic and how this may affect your business. If you have any concerns whatsoever about the potential impact of Covid-19 on your business or would like to discuss possible ways to mitigate it’s financial risk, please get in touch with us and as always, we would be more than happy to assist.
Last week’s budget offered up some potential relief for businesses suffering financially at the hands of this virus, including:
- Statutory Sick Pay (SSP) can be paid to anyone who chooses to self-isolate for up to 14 days, even if they don’t show symptoms. You’ll need to check the employment contracts of your staff to see what they are entitled to but the usual waiting period for SSP will not apply and any business with fewer than 250 employees can claim the SSP back.
- Self-employed people or those on zero hour contracts who do not qualify for SSP will have quicker and easier access to benefits and universal credit.
- Business rates for any businesses in the hospitality, retail and leisure industries (for example Shops, Cinemas, Restaurants and Music Venues) in England with a rateable value under £51,000 will be suspended for one year.
- In addition the above, a £3k cash grant will be made available to any business who qualifies for Small Business Rates Relief.
- A temporary “Coronavirus business interruption loan scheme” has been introduced to allow banks to offer loans of up to £1.2m to support small and medium sized businesses. These are loans which are provided to SME’s at similar rates of interest to current bank lending, but are guaranteed up to 80% by the Government. We are in the process of gathering more information about the application process, but if you are concerned about cash flow, please do let us know and we can have a discussion about this.
In addition to this, The Bank of England has announced an emergency cut in interest rates to help stabilise the economy.
Most importantly, we hope that you and your staff are all well and that this pandemic leaves little lasting impact on your families, friends and business.