CHANCELLOR Rishi Sunak will today set out a bumper new financial package for businesses that might have to shut again next week.
He will make a statement about the next stage of the Job Support Scheme, which is due to start on November 1, taking over from the furlough scheme which is coming to an end.
It comes as Boris Johnson is preparing to announce a new tiered system for the country – which may include new coronavirus restrictions for areas with the highest infection rates.
Manchester, Liverpool and Newcastle are expected to see their hospitality – cafes, pubs and restaurants – ordered to shut temporarily to curb the virus as early as Monday.
A Treasury spokesperson said today: “The chancellor will be setting out the next stage of the Job Support scheme later today that will protect jobs and provide a safety net for those businesses that may have to close in the coming weeks and months”.
Reports suggest today that the new scheme will support two thirds of workers’ wages in areas where their businesses are forced to shut their doors.
Mr Sunak revealed his new Job Support Scheme last month for firms which still needed help – but the Government would only be paying 22 per cent of wages – with employers expected to top up the rest.
Many critics said it wouldn’t be enough if businesses were ordered to close.
Did you miss our previous article…
https://www.hellofaread.com/politics/fury-as-stay-at-home-mps-get-3500-pay-rise-while-brits-suffer-devastating-covid-cuts/
