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Rishi Sunak announces new jobs support schedule to help people in work

Rishi Sunak announces new jobs support schedule to help people in work

Author: Wardah Sempa | Thursday 24th September 2020

Rishi Sunak announces new jobs support schedule to help people in work  Photograph

Rishi Sunak has announced new measures to protect millions of jobs after ministers insisted more needs to be done to support the economy in the wake of the Covid-19 crisis. With the furlough work scheme due to finish at the end of October, the Chancellor unveiled details of a new job support scheme, which would see the Government “directly support” the wages of people in viable jobs working at least a third of their normal hours.


He also announced a “pay as you grow” scheme to allow firms to repay bounce back loans over a period of up to 10 years and said he would keep VAT at 5 per cent for hospitality and tourism until March 31 2021.