UK rolls out more cash support for jobs, businesses - News Summed Up

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UK rolls out more cash support for jobs, businesses


UK Chancellor Rishi Sunak has vowed to "go further" as he announced three new measures in a bid to help workers and businesses get through the winter and a coronavirus second flare-up. The value of grants for people who are self-employed will also be doubled. And there will be changes to the Job Support Scheme - for companies experiencing lower demand due to the outbreak. Employees will only need to work one day a week to be eligible and the government will significantly reduce the amount employers have to contribute. Announcing the measures, he said: "It is clear that even businesses that can stay open are facing profound uncertainty."


Source: The Standard October 22, 2020 11:01 UTC



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