Coronavirus Job Retention Scheme

(asked on 2nd November 2020) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what steps he is taking to provide financial support to employees that were made redundant before the anticipated end of the Coronavirus Job Retention Scheme.


Answered by
Jesse Norman Portrait
Jesse Norman
This question was answered on 10th November 2020

On 31 October 2020 the Prime Minister announced that the Government’s Coronavirus Job Retention Scheme has been extended, with employees receiving 80% of their current salary for hours not worked, up to a maximum of £2,500. This will ensure that there is no gap in support. If employees were employed as of 23 September 2020 and were made redundant or stopped working for their employer prior to 30 October 2020, they can qualify for the scheme if their employer re-employs them.

This scheme is just one element of a comprehensive package of support. Where firms make the decision that they cannot retain all of their staff, the Government is ensuring that those looking for work are supported through a package of measures in the Plan for Jobs. This will help people find work by significantly increasing the help offered through Jobcentres and providing individualised advice through the National Careers Service. The Government has also launched the Kickstart Scheme, a £2bn fund to create hundreds of thousands of new, fully subsidised jobs for young people. The temporary welfare measures announced in March also remain available and will benefit new and existing claimants.

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