Today, 20th March, Chancellor Rishi Sunak announced the Coronavirus Job Retention Scheme where the government will pay a significant proportion of wages in an effort to minimise job losses. Under the scheme. Employers can apply for grants to cover wages, with up to 80% of wages being paid by the government, up to a maximum of £2,500 per month
In addition, all Pubs, Cafes, and Restaurants must close. While all local businesses are adversely affected by the current general situation, that directive is a particularly hard blow to a number of our local businesses in the Town and surrounding area.
The Chancellor’s statement from 20th March can be found at GOV.UK.
Updated guidance for employers, businesses and employees is available at: