1/ I’m announcing today that I’m expanding the Jobs Support Scheme.
Where the coronavirus restrictions legally require business premises to close, in any region or nation of the UK, we will help pay employees’ wages.
Where the coronavirus restrictions legally require business premises to close, in any region or nation of the UK, we will help pay employees’ wages.
2/ So, if your business does close their doors, and you cannot work at all for one week or more, your employer will pay you two thirds of your normal salary, up to £2,100 a month
– and the UK government will cover the cost.
– and the UK government will cover the cost.
3/ The scheme applies to all business premises legally required to close. That includes those told to operate on a collection only or delivery basis.
Unlike the Jobs Support Scheme for open businesses, all we’ll ask businesses to pay is Employer NI and pension contributions.
Unlike the Jobs Support Scheme for open businesses, all we’ll ask businesses to pay is Employer NI and pension contributions.
4/ The Jobs Support Scheme – whether for open or closed businesses – will open on November 1st.
Pay grants from early December.
Remain open for six months.
And we’ll review the scheme, in January.
Pay grants from early December.
Remain open for six months.
And we’ll review the scheme, in January.
5/ I’m also announcing a second new policy today.
If you’re a business in England, and have been legally required to close, we’ll also give you a cash grant that will never have to be repaid.
And I’m making those grants more valuable than we’d previously planned.
If you’re a business in England, and have been legally required to close, we’ll also give you a cash grant that will never have to be repaid.
And I’m making those grants more valuable than we’d previously planned.
6/ The smallest businesses can now claim £1,300 per month.
Medium sized businesses – with properties worth between £15,000 and £51,000 - can claim £2,000 per month.
And larger businesses can claim £3,000, all paid in two fortnightly instalments.
Medium sized businesses – with properties worth between £15,000 and £51,000 - can claim £2,000 per month.
And larger businesses can claim £3,000, all paid in two fortnightly instalments.
7/ Today’s announcements significantly strengthen our toolkit for protecting jobs and businesses over the weeks and months to come.
Read More: gov.uk/government/new…
Read More: gov.uk/government/new…
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