The Chancellor has today announced a package of measures that will continue to protect jobs and help businesses through the uncertain months ahead as we continue to tackle the spread of the virus.
The package includes a new Jobs Support Scheme to protect millions of returning workers, extending the Self Employment Income Support Scheme and 15% VAT cut for the hospitality and tourism sectors, and help for businesses in repaying government-backed loans.
Further information:
- News story: https://www.gov.uk/government/news/chancellor-outlines-winter-economy-plan
- Full Winter Economy Plan document: https://www.gov.uk/government/publications/winter-economy-plan#sw
- Text from the Chancellor’s speech to Parliament: https://www.gov.uk/government/speeches/chancellor-of-the-exchequer-rishi-sunak-on-the-winter-economy-plan