Industry would survive a flu pandemic

The FSA has undertaken a six-week business continuity exercise involving 70 firms in the financial services sector stimulating the first five months of a flu pandemic, based on a 48% employee absence level. Despite the disruption and rising levels of absenteeism which would result from a pandemic, the FSA says the financial sector would be able to sustain its core services. But it adds some issues need further consideration, including: The impact of a pandemic on consumers, such as access to cash, ability to make mortgage payments and continuing insurance cover; The practicality of...