UK Government offering extra support to staff and firms during winter months
THE UK Government has pledged billions of pounds more to help workers and businesses throughout winter.
The furlough scheme, extended across the UK until the end of March, pays 80 per cent of wages up to £2,500 a month.
The Coronavirus Job Retention Scheme subsidises the wages of people who cannot do their jobs because their workplace is closed or there is no longer enough work.
This article is part of a paid-for Partnership with the UK Government
UK Government Chancellor Rishi Sunak has announced extra measures to support workers and businesses throughout winter, including a furlough scheme extension paying 80 per cent of staff wages.
As part of the revised scheme – lasting until March 31, to be reviewed at the end of January – anyone made redundant on or after September 23 2020 may be able to be rehired and returned to furlough.
The Chancellor also announced billions of pounds of further support, including more money for self-employed workers.
The Self-Employment Income Support Scheme support will be increased, with the third grant covering November to January calculated at 80 per cent of average trading profits, up to a maximum of £7,500. Guaranteed funding for the UK’s devolved administrations has been raised by £2 billion to £16 billion. More details at www.gov.uk