Derry Daily
  • News
  • Entertainment
  • Sport
  • Features
  • Courts
  • Business
  • Health
  • Politics
  • Jobs
Friday 13°CSaturday 17°C

Derry Daily Derry Daily Derry Daily

  • News
  • Entertainment
  • Sport
  • Features
  • Courts
  • Business
  • Health
  • Politics
  • Jobs
BusinessCoronavirusJobsNews

New government Covid scheme to pay up to half of wages

written by cassoscoop October 22, 2020
ShareTweet

Derry has been under new lockown restrictions since October 5

THE British chancellor has unveiled increased support for jobs and workers hit by Covid restrictions after growing clamour from firms in tier two areas.

Rishi Sunak announced big changes to the Job Support Scheme (JSS) – set to replace furlough in November.

He told the Commons that even businesses not forced to shut were facing “profound economic uncertainty”.

Under the revised scheme, employers will pay less and staff can work fewer hours before they qualify.

At the same time, the taxpayer subsidy has been doubled.

The government will now fund 62% of the wages for hours not worked.

This more than doubles the maximum payment to £1,541.75.

In the most generous case, the taxpayer will now go from funding 22% of wages to just under half.

The scheme will, as before, be open to all small businesses and larger businesses that can show an impact on revenues.

It is aimed at addressing the gap in support for businesses and is available across the UK and the North of Ireland.

“I’ve always said that we must be ready to adapt our financial support as the situation evolves, and that is what we are doing today. These changes mean that our support will reach many more people and protect many more jobs,” Mr Sunak said.

“I know that the introduction of further restrictions has left many people worried for themselves, their families and communities.

“I hope the government’s stepped-up support can be part of the country pulling together in the coming months.”

The chancellor also announced specific help for hospitality and leisure businesses.

The generosity of the self-employment scheme has also been doubled from 20% to 40% of profits, with a maximum grant now of £3,750 a month.

The changes to the JSS mean that employers are still obliged to establish whether they can continue to pay just over a fifth of usual employees for workers they wish to keep on.

At the time, some business groups and unions criticised the idea of forcing employers to calculate which jobs were “viable”.

New government Covid scheme to pay up to half of wages was last modified: October 22nd, 2020 by cassoscoop

Tags:
BRITISH CHANCELLORBritish GovernmentcafesDerry CityhotelsNew government Covid scheme to pay up to half of wagespubsrestaurantsRishi Sunak
ShareTweet
cassoscoop

LEAVE A COMMENT

You may also like

Official launch of LGBTQIA+ Awareness Week

31 mins ago

Harkin: Kneecap terror charge is complete hypocrisy

2 hours ago

Donegal Festival of Food starring celebrity chefs...

12 hours ago

Walk in memory of journalist Brian Hutton...

15 hours ago

Bin Collections & Recycling Centres Operating as...

17 hours ago

Police treating Co Derry criminal damage as...

20 hours ago

Upgraded St Columb’s Park Allotment Car Park...

24 hours ago

NWRC Tiling students a cut above at...

24 hours ago

McLaughlin welcomes new strategy to Support Victims...

1 day ago

Police appeal over criminal damage to car...

1 day ago

Keep in touch

Facebook Twitter Email

Features

  • Sun, sea, spectacular views, historical charm and fabulous food. Tunisia of course

    April 5, 2024
  • Magical trip to see Santa from Belfast

    December 20, 2023
  • DD Travel Feature: Cork’s amazing The Montenotte Hotel

    April 18, 2023
  • Derry cancer survivor Noeleen McMorris reveals importance of awareness

    July 25, 2022
  • Competition! Win tickets to Northern Ireland v England Women’s Euro 2022 match

    June 17, 2022

Courts

  • Man charged to Co Derry court for possessing handgun

    May 20, 2025
  • Woman charged to court over assault on police in Derry

    May 16, 2025
  • Man to face Derry court over business burglaries and thefts

    May 14, 2025
  • Second man charged over burglary at Derry church hall

    May 14, 2025
  • Derry MP Colum Eastwood to face court over pro-Gaza protest

    May 6, 2025

Donegal Daily

    Read More

    • News
    • Sport
    • Courts
    • Jobs
    • Features
    • Business
    • Politics

    Information

    • Contact Us
    • About
    • Advertise WIth Us
    • Privacy Policy
    • Disclaimer
    • Terms & Conditions
    Derry Daily

    © 2025 Derry Daily. All rights reserved.


    Back To Top

    We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.OkPrivacy policy