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The SAIF are putting out a conflicting message, but government guidance is:
Handling of deceased persons potentially infected with coronavirus (SARS-CoV2) should follow the SICPs and TBPs set out in the HSE guidance, apart from the use of body bags, which are not required but may be used for other practical reasons.
https://www.gov.uk/government/publications/covid-19-guidance-for-care-of-the-deceased/guidance-for-care-of-the-deceased-with-suspected-or-confirmed-coronavirus-covid-19#general-information-on-the-risk-of-covid-19-from-deceased-bodies
local councils generally contact funeral homes at back end of year to check what capacity they have to store bodies this normally happens if a large flu epidemic is suspected, most funeral homes have a code of practice for dealing with contaminated bodies, and sometimes collect same, which the nhs double bag and label not to open.
Chains like Dignity or CoOp will have clear guidelines in place covering the handling of 'deceased' bodies, whether that is CV, flu or something more exotic. But I can understand how small firms might be confused in the current situation.
I was looking here a few weeks back. While I can see investment opportunities I never felt CV provided any commercial boost to Dignity then and my view hasn't changed. I saw better investment opportunities elsewhere.
The view of the Chief Medical Officer is that many of the CV deaths are people who would otherwise have died within a year. The stats are that 10% of the 80+ group die within the year. As to any surge in funerals, I'd be surprised if the weekly numbers exceed those seen in a bad flu winter, so they can be handled.
In terms of negative CV impacts on the business this peak and any subsequent drop isn't helpful to managing the business, but I'm not clear what the other impacts might be. As far as I know the outcome of the outstanding CMA regulatory response due this year is the same as was expected two months ago - before CV - so the investment case looks more attractive today. Of course that could be truer tomorrow, but hitting a bottom is luck not judgment.
That said, I see greater rebound potential elsewhere. I'm also cautious of a management that is very generous with its own LLP awards. They'll be looking for a bottom too and have scope to manipulate that timing.
It looks like people who die at home from the virus will could be collected by special teams that are being set up .
that would exclude funeral homes .
‘When the body bags run out, we will close,’ warns UK funeral director'
The Politico article below does not give much confidence...
https://www.politico.eu/article/coronavirus-causes-crisis-in-funeral-sector-when-the-body-bags-run-out-we-will-close-warns-uk-funeral-director/