Supporting business
As this Government continues to take a localised and regional approach to control the spread of the virus, the Chancellor will today unveil additional support for businesses and workers in Tier 2 and 3.
- The government has put in place one of the most comprehensive economic responses in the world – backed by over £200 billion – to project jobs, incomes and businesses throughout and beyond this pandemic.
- As the pandemic evolves, so too does the policy – which is why the Job Support Scheme was brought in to support the wages of people in work, and the Job Retention Bonus to encourage businesses to bring employees back.
- The government is also expanding the Job Support Scheme to provide temporary, localised support to businesses whose premises are legally required to close as a direct result of coronavirus restrictions set by one or more of the four governments of the United Kingdom, as well as increasing the frequency and generosity of available cash grants.
- This expansion will provide a vital safety net for businesses across the UK by giving them the right support at the right time, as we continue in our efforts to control the spread of the virus
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