BREAKING NEWS: Chancellor expands job support scheme for locked down businesses

Rishi Sunak crop
Chancellor Rishi Sunak today preparing to announce the extended the Job Support Scheme expansion announcement. Photo courtesy of HM Treasury.

Chancellor Rishi Sunak has just announced an expansion of the Job Support Scheme, the successor to the national furlough scheme.

He detailed: “The expansion of the Job Support Scheme is specifically to protect those jobs of people that work in businesses which may be asked to close. If that happens, those workers will receive two thirds of their wages for the time that they are unable to go to work.

“I hope that this provides reassurance and a safety net for people and businesses in advance of what may be a difficult winter.”

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The government will pay employees who cannot work, up to 67% of their salaries, to a maximum of £2,100 a month. Employees must be off work for a minimum of 7 consecutive days to be eligible.

The scheme begins on 1 November and will last for 6 months. To qualify, employees must have be employed with a company on or before 23 September.

This could be particularly useful for companies in the hospitality sector and its supply chain, with local lockdowns and curfews impacting sites’ ability to trade.

Under the scheme, employers will not be required to contribute towards wages and only asked to cover NICS and pension contributions.

This scheme will cover businesses that, as a result of restrictions set by one or more of the four governments in the UK, are legally required to close their premises. This includes businesses that are required to provide only delivery and collection services from their premises, or food and drink outdoors from their premises.

Tags : businessChancellorcoronavirusfurlough
Clare Nicholls

The author Clare Nicholls

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