Cost of making smaller firms Covid-secure is affecting business, says report from iwoca

By Greg Wright
Published 10th Jun 2021, 04:12 GMT

Making businesses Covid-secure is costing smaller firms time and money, with many owners worried they will not be able to afford paying themselves a salary in the next six months, a study suggests.

Owners of small to medium sized enterprises (SMEs) say maintaining safety measures is significantly impacting their business.

High streets were deserted during the height of Britain's lockdown. A spokesman said the Government understood how difficult the pandemic has been for small businessesplaceholder image
High streets were deserted during the height of Britain's lockdown. A spokesman said the Government understood how difficult the pandemic has been for small businesses

A survey of more than 1,000 SMEs found that one in four spend over an hour a day making sure their workplace is Covid-secure, costing them more than £1,000.