British companies are planning on microchipping their staff to boost security and prevent them from accessing safe areas of the business.

Swedish company Biohax is in talks with a number of UK legal and financial firms to implant staff with the devices which are about the same size as a grain of rice and cost around £150.

A major financial services firm, which has ‘hundreds of thousands of employees’ is said to be one of the prospective clients.

Jowan Österlund (left) the founder of Biohax  said the chips would allow firms to set restrictions for whoever

Jowan Österlund (left) the founder of Biohax  said the chips would allow firms to set restrictions for whoever

Jowan Österlund, the founder of Biohax and a former professional body piercer, said: ‘[The chips] would allow them to set restrictions for whoever.

‘These companies have sensitive documents they are dealing with.

‘There’s no losing it – there’s no dropping it, there’s no forgetting it. There’s always going to be an ultimate backup.’

There are around 4,000 people chipped in Sweden – of which 85 are employees of travel firm Tui.

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Mr Österlund said he was aware that not everyone would want to have a microchip fitted at first.

He added that ‘it was a learning curve’ and that if the idea came from a government he understood why people would not want it to happen.

Hampshire based entrepreneur Steven Northam was the first person on the UK to be microchipped.

He is also offering the service to businesses and individuals.

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