ash cloud

Ash Cloud Disruption  Costly for Small Businesses

Ash Cloud Disruption Costly for Small Businesses

Staff absences and undelivered supplies caused by disrupted air travel due to the Icelandic volcano eruption will hit small firms’ cashflow, business groups have warned. The ash cloud caused by the eruption led to approximately 150,000 people being unable to return to the UK, according to the Association of British Travel Agents, because flights were grounded nationwide. Absence management consultancy, First Care, has estimated that the resulting employee absence will cost UK business more than £3 million per day. “Employers should be aware of the impact on cashflow of a drop in productivity because of employee absence,” said a Forum of Private Business (FPB) spokesman. Commenting on the impact on the delivery of supplies, the Confederation of British Industry (CBI)... »