With pubs, cafes, restaurants and gyms told to close tonight until further notice, more jobs are now at risk.
Good news then that the Government has introduced a Coronavirus Job Retention Scheme to protect jobs
- Employers will be able to apply for a grant to pay up to 80% of an employee's wages, up to £2500 a month
- This will cover the wages of retained workers who are currently unable to work because of the crisis
- Covers all sizes of business.
Hopefully this will reduce the number of redundancies and layoffs
Coronavirus: Chancellor prepares wage package rescue plan