Christopher Whiteside MBE is Conservative County Councillor for the Egremont North and St Bees Division of Cumbria County Council. The division includes St Bees, Bigrigg, Wood End, Moor Row, part of the Mirehouse area of Whitehaven, and surrounding countryside.
He is also deputy chair (political and campaigning) of the North-West region of the voluntary wing of the Conservative party.
Chris lives and works in Copeland with his wife and family.
Friday, November 06, 2020
Recap: economic support for businesses and working individuals and families through the pandemic
Yesterday the government announced crucial new support, building on our unprecedented package of economic support:
Extending the Coronavirus Job Retention Scheme further, until the end of March.
Not paying the Job Retention Bonus in February but instead redeploy a retention incentive at the right time.
Increasing the next self-employed grant from 55 per cent to 80 per cent of trading profits.
Increasing the upfront guarantee of funding for the devolved administrations from £14bn to £16bn, on top of their Spring Budget 20 funding.
This comes on top of the extensive support already announced:
Cash grants of up to £3,000 per month for businesses which are closed in England.
£1.1 billion for councils in England to further support businesses more broadly over the coming months.
Extension of existing loan schemes to the end of January and an ability to top-up Bounce Back Loans.
An extension to the mortgage payment holiday for homeowners.
Providing councils in England with up to £500 million of funding to support the local healthcare response.
Over £200 billion on VAT relief, business rate relief, loans, tax deferrals, and support for individuals.
We all know how worried people are – about their health, the health of their loved ones, their jobs, their businesses, and their financial security. And that’s why the Government’s economic priority remains the same: protecting jobs.