Undeterred by the adverse weather conditions brokers have managed to work as normal from home, thanks to the power of modern technology.
Jonathan Burridge, managing director of Quantum Mortgage Brokers, says: “What with our business being in the 21st century our staff are able to go online, and field calls as usual.
“By 7.15am we’d notified all our staff and told them to work from home.”
He adds: “The only difference to my day is that I have drunk more tea than usual, but that’s about it.”
The day also ran as normal for Danny Lovey, proprietor of The Mortgage Proprietor.
He says: “I’m sure businesses have been hit up and down the country. But as far as I’m concerned, normal service applies. I’m completely unaffected.
“Most of the time it doesn’t matter where I am, I’m able to work.”
And Andrew Montlake, partner at Cobalt Capital, says it would have been unfair to call staff into the office when they can work just as well from home.
He says: “It is one thing everyone getting there, but it is another getting back at the end of the day. You have got to be fair.
“In this technological age staff have got Blackberries, our admin system is online, and we have been able to speak to clients as we would normally.”
This goes against predictions over lost income and lost productivity due to the snowfall.
An estimate from the Centre for Economic and Business Research estimates an additional 2,000 to 3,000 businesses may fail in Q1 2009 as a result of bad weather.
The Federation of Small Businesses is also predicting the disruption caused by the big freeze could total about £1bn.