Sunak Articles

New Government Covid Support Scheme Announced

Yesterday, the Chancellor announced new financial measures to support UK businesses and workers.

Primarily it seeks to address the concerns of the hospitality sector and those areas now deemed to be in Tiers 2 and 3. These new measures are due to come into effect after the current scheme ends on the 1st November and will run for 6 months.

Workers may be paid up to 67% of their wages up to a maximum of £2,100 per month if a business has to close under the Tier rules.