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IoD responds to 2m rule change

Responding to the Prime Minister’s announcement about forthcoming changes to the 2m rule, Edwin Morgan, Director of Policy at the Institute of Directors, said:

 

“Reducing the 2m rule will undoubtedly bring relief to many businesses.

"A quarter of our members have said that under current social distancing rules they are likely to operate at less than half capacity. For many, this simply isn't sustainable, particularly with the furlough scheme set to wind down.

"This change isn't a panacea, and doesn't mean safety can take a backseat. If anything, the onus is now even more on directors to ensure rigorous mitigating measures are in place. In some cases, this won’t be easy or cheap. With many firms already strapped for cash, the Treasury should consider supporting companies to make the necessary adjustments, particularly as some haven't been able to access schemes so far."


Contact Details

Euan Holmes

Press Officer
Institute of Directors, 116 Pall Mall, London SW1Y 5ED
T: 020 7451 3280

M: 07710 381 615

E: euan.holmes@iod.com

W: www.iod.com