Chancellor: 67% pay for workers of firms forced to close
Employees who work for UK firms forced to shut by law because of coronavirus restrictions will get two-thirds of their wages paid for by the government. Chancellor said he hopes by doing this it will protect jobs over the coming months. Also provide assurances.
Chancellor Rishi Sunak said it was an “expansion” of the Job Support Scheme. This begins on 1 November and will be available for six months.
Cash grants for businesses required to close in local lockdowns will increase to up to #3,000 per month.
A Treasury source says it could roughly cost hundreds of millions a month.
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The Chancellor’s announced new 6 month job support scheme, this is what he said https://t.co/3LrsjJxVMu it starts 1 November, is it generous or not? #jobs #lockdownUK #businesses #coronavirus @RishiSunak @10DowningStreet pic.twitter.com/FlmIb0JQl1
— YourNewsUKtv (@YourNewsUKtv) October 9, 2020